Restructuring Debt Securities

We are pleased to share the April 2020 edition of Restructuring Debt Securities. This primer is a one-stop comprehensive guide for any issuer seeking to restructure its non-convertible debt securities outside of bankruptcy and provides practical considerations and strategies for maximizing success. Given the current economic environment, companies that have issued non-convertible debt securities that are currently outstanding should be evaluating possible tender offers, exchange offers and other restructurings of those securities.

This publication:

• summarizes the U.S. federal securities laws, rules and regulations that apply to debt restructurings;
• describes various types of debt restructurings; and
• discusses various practical considerations arising in debt restructurings.

For questions, please contact Pillsbury partner David S. Baxter.

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