Shuaa strengthens corporate restructuring service
It is specially created to address the frozen credit markets
Dubai: Shuaa Capital has strengthened its specialised corporate restructuring service to support the re-energising of the business sector.
Specially created to address the frozen credit markets — resulting in liquidity issues and potential insolvency concerns faced by many businesses impacted by Covid-19 — the corporate restructuring solutions open doors for businesses to new credit lines, enabling them to overcome their business challenges. The firm has also strengthened its advisory services for corporates to execute capital raising through diverse instruments such as mezzanine/subordinated debt, Term Loan B (TLBs), fixed income, convertibles, and preferred equity, among others.
According to Jassim Alseddiqi, CEO, “The Covid-19 pandemic has had a significant impact on businesses, freezing their credit lines, and pushing several to insolvency. We understand that businesses need access to both revenue and liquidity, especially as we prepare for the post Covid-19 world.”