|
We acquire secured and unsecured debt positions from lenders.
If a lender believes that the risks of continuing to extend a debt facility are too great, Hilco can provide a viable solution. We can make an up-front cash payment to acquire the debt and the related security positions, which may exceed the lender’s assessment of likely recoveries.
By acquiring secured or unsecured debt positions, Hilco is able to limit the risk faced by lenders in the event that a retail business becomes unable to repay its debts. Additionally, our experience in recovering maximum value from a retail business often means that a further dividend can be paid in which, typically, the lender can share.
Benefits
● Cash payment that exceeds likely recoveries
● Improved overall recovery
● Possibility of further dividend
Hilco success stories
Karstadt Kompakt gmbh
Acquired over £150m of secured debt from three lenders
|
SECTORS
Clothing
Footwear
Electronics
Jewellery
Toys
DIY
Food
Entertainment and Multimedia
Furniture
Speciality and Department Stores
|
