Industrials | Restructurings

Valley Proteins Closes Restructuring

  • Valley Proteins, Inc. had incurred $160 million of indebtedness in acquiring a major competitor, and combined cash flow proved insufficient to service this debt
  • The company retained TM Capital as financial advisor to assist in pursuing available financing alternatives
  • TM Capital assisted in negotiating a debt restructuring which waived all defaults, significantly reduced current interest requirements and maintained 100% control by the existing shareholders
  • The financial flexibility provided by this restructuring has contributed to the substantial turnaround which Valley has since achieved in its operating results

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