Services

CDA assists with loan workout and restructuring needs:

• Services and solutions are for investors, owners and borrowers (including those with deteriorating credit metrics).
  

Independent analysis is vital to frank evaluation of current situation

• In-depth business and industry viability assessment
  

• Liquidity analysis and determination of short-term vs. long-term financial risks
  

• Review of loan documentation and structural issues
  

• Cash flow modeling
  

• Debt capacity analysis
  

Reliable loan market information facilitates discussion

• Secondary loan prices; industry comparables

CDA supports early appraisal of credit issues before distressed situation arises.

Discussion of key issues impacting (potential) distressed situation

• Business performance and strategy
  

• Capital structure, budget, liquidity, debt capacity, and valuation
  

• Collateral packages on a going concern or liquidation basis
  

• Corporate ratings impact
  

Identification of most effective path to stabilize over-leveraged situations

• Understand motives of all parties involved to determine common economic interests
  

• Assess contentious issues and offer solutions to achieve the highest possible recovery value
  

• Maintain priority of business points in amendment/forbearance negotiations
  

Creation of roadmap to a successful restructuring (if necessary)

• Estimate the cost/time of restructuring alternatives: out- of- court vs Ch. 11
  

• Anticipate Ch. 11 considerations: initial preparation, POR and exit
  

• Set standards and make progress on milestones
  

• Adjust to dynamic changes as claims are bought/sold by players

CDA assists with loan workout and restructuring needs:

• Services and solutions are for investors, owners and borrowers (including those with deteriorating credit metrics).
  

Independent analysis is vital to frank evaluation of current situation

• In-depth business and industry viability assessment
  

• Liquidity analysis and determination of short-term vs. long-term financial risks
  

• Review of loan documentation and structural issues
  

• Cash flow modeling
  

• Debt capacity analysis
  

Reliable loan market information facilitates discussion

• Secondary loan market prices; industry comparables