Preem lenders and owners struck a deal with the 18-month extension of the debt and minor capital injections in 2009. Now, in 2010, the new deadline is approaching, and refinance again unlikely. This time, all the debts of the company is due. What went wrong in the first restructuring and what you need to do to promote the PCP more permanent solution? "Hide
by Bo Becker source: Harvard Business School 7 pages. Publication Date: August 22, 2012. Prod. #: 213014-PDF-ENG
Related Case Solutions & Analyses:
Autozone Inc. (Corporate Finance Strategies)
Mars Incorporated: Online Procurement
CHINT Group (B): Moving Up The Value Chain
Clinton Devon Estates: Since 1299; A Culture Of Distinction (A)
Covalys: Managing The Company’s Growth And Development Strategy
Danfoss Motion Controls And Holip (A) (Abridged)
Desso (B): Making It Happen—The Implementation Of A C2C Business Model
Do Star Performers Need To Network? (B): Re-Entry & Visibility: Bénédicte Foucart
Dr. Reddy’s: Medicine Is For People, Profits Follow
National Electric Corp.
