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Exchange nirvana
Facing certain collapse, innovative car seller Carvana hammered out a deal to restructure US$5.5bn in debt, pushing advisers on all sides to stretch the parameters of liability management exercises that have come to dominate the restructuring landscape.
Fast solution
Metro Bank was not the biggest lender to be rescued in 2023, but the deal that ensured the UK challenger bank’s survival, struck late on Sunday October 8, was neater than those that saved its larger brethren, most of which required significant state intervention to remain viable.
Delivering a solution
Sunac China Holdings’ offshore debt restructuring was a landmark for China’s struggling property sector, as the defaulted developer was able to negotiate and complete a major restructuring in an effective and efficient manner.
Former ECM banker and self-described origination junkie Craig Coben looks back on the good times, bemoans the present and manages – just about – to be hopeful about the future.
After nearly 40 years in DCM, Chris Tuffey recalls the highs and lows and examines how things have changed. The thrill of the deal is still there, but perhaps not quite what it was.
Rupak Ghose looks back on a banking career in which it felt like everything changed, but some things remained the same.
PR veteran (and former IFR man) Jezz Farr explains what the awards process looks like for the unfortunate souls trying to line up all the egomaniacs involved (and that’s not just the bankers).
PRC institutions take lion's share of Asian investment banking fees, and are steadily expanding into overseas markets.
