The document outlines the restructuring of a waste management company's financing terms, led by a team to achieve an accretive result. The company operates energy projects, primarily landfill gas-to-energy, across multiple states. The restructuring was necessitated by operational and financial underperformance and credit agreement breaches. The outcome included a $25m loan pay-down, reduction in revolver capacity, increased loan margin, and more detailed reporting.
documents/vol00010-efta01370120-pdf.pdf
{"title":"Restructuring: Waste Management Company Financing","document_date":"2016-07-21","document_type":"financial","document_subtype":"Restructuring Summary","key_organizations":["Deutsche Asset Management"],"reference_numbers":["DB-SDNY-0062730","SDNY_GM_00208914","EFTA01370120"]}