DISTRESSED ASSETS & NPLs

Economic recession and deep decline of global financial markets have great impact on many corporations and real estate assets and their ability to service debt obligations. Current global business environment and development in CEE countries in particular invokes gradual growth of non-performing loans (NPLs) within loan portfolios of commercial banks impending rapid deterioration of banking institutions’ health.

The challenges and opportunities of the distressed assets situations require a totally new approach and set of skills and procedures. The situation requires both extensive transformational and project management skills and NPL portfolio management & resolution experience. Members of AETHEON’s team possess significant experience with NPLs and with transformations of distressed assets in the CEE region.

TYN OLD TOWN

DISTRESSED ASSETS AND NPLs ADVISORY

  

  • Analysis of distressed assets portfolios and selection of right portfolio management & resolution strategy

  • Analysis of individual distressed assets, including distressed corporate assets or real estate and NPLs

  • Valuation, recovery projections and diligence of NPL portfolios,

  • Business planning, set-up of workout and portfolio servicing teams and portfolio management

  • Development of NPL portfolio resolution strategies

  • Disposal, restructuring and development of distressed assets

  • Active asset management incl. transformation and corporate recovery

  • Business restructuring: analysis of business and operating processes, instant operating reorganization and working capital management solution

  • Loan workouts & restructurings, negotiated settlements, forbearances, deeds-in-lieu, foreclosure proceedings and other debtor/creditor enforcement actions

  • Reorganization and liquidation in and out of bankruptcy

  • Related tax and regulatory issues

 

OUR NPLs EXPERIENCE

    

AETHEON CAPITAL team has extensive experience with non-performing loans and transformations of distressed assets in the CEE region gathered while working on behalf of institutions such Bank Gutmann, Deutsche Bank, Deloitte, Dexia and Creditanstalt (now Unicredit). Our multi-disciplinary team provides instant managerial capacity backed by experience with complex distressed situations, financing, acquisitions, disposals, restructuring, litigation or bankruptcy issues. In addition, our team draws also upon the resources of attorneys and experts in related practice areas including corporate, employment, tax, environmental and government relations to provide quality and cost-effective management and advisory services. Our Distressed Assets experts are skilled in working closely with financial institutions, private or institutional investors, developers, investment bankers and other stakeholders typically participating in the complex distressed assets cases.

 

KEY SUCCESS FACTORS FOR NPLs RESOLUTION

  • Experience with large scale NPLs investments

  • Valuation and due diligence methodology & skills

  • Terms negotiation

  • Portfolio servicing (crucial for meeting yield requirements)

  • Project management skills

  • Restructuring, workout and corporate recovery skills

  • Knowledge of local legal system including detailed knowledge of bankruptcy, liquidation and workout processes

  • Flexibility and streamlined decision making processes