| Nome: | Descrição: | Tamanho: | Formato: | |
|---|---|---|---|---|
| 1.07 MB | Adobe PDF |
Autores
Orientador(es)
Resumo(s)
This thesis examines Frontier Communications’ 2020 financial distress and compares creditor outcomes under four pathways: an out-of-court restructuring, a court-supervised Chapter 11 reorganization, a Chapter 7 liquidation, and a distressed private-equity “loan-to-own”
alternative. Using valuation-based recovery waterfalls, the analysis finds Chapter 11 is the most value-preserving and likely outcome for the unsecured senior notes, delivering an estimated 46% recovery on the base case, versus an out-of-court proposal of approximately 12.3%,
Chapter 7 outcomes of 0–24% (8% in the base case), and an unlikely c. 45% recovery through sale of fulcrum security to private equity.
Descrição
Palavras-chave
Corporate distress Special situations Financial restructuring Private equity Leveraged buyoyt
