Loan Workouts & Debt For Equity Swaps Book

	Foreword
Pt. I	Introduction and Background	1
1	Introduction	3
2	Loan workouts: what they are and why they are needed	13
Pt. II	Strategy, Parties and the Process	27
3	A framework for managing non-performing loans	31
4	Organisation and systems relating to non-performing loans	39
5	Managing loan workout transactions	51
6	The company	63
7	The banks	71
8	Other key participants in loan workouts	81
9	External advisors	89
10	A framework for executing loan workouts	101
11	Turning around a business	109
12	The information gathering and review process	119
13	Exploring loan workout options	127
14	Evaluating restructuring options and developing proposals	135
15	Negotiating and completing transactions	147
Pt. III	The Moratorium and Financial Restructuring	157
16	Establishing a moratorium	161
17	Financial creditors affected by a moratorium	171
18	The operation of facilities in a moratorium	179
19	The concept of loss-sharing	191
20	Multi-currency considerations	199
21	Financial restructuring	211
22	Inter-creditor provisions in a financial restructuring	223
23	Other terms and conditions	233
24	Introduction to debt for equity swaps	245
25	Transaction approach	253
26	Equity instruments	263
27	Other transaction parameters	279
28	Other technical issues	289
Pt. IV	Case Study	295
29	Project Gloucester	297
	Index	309