Financial Restructuring of gategroup

gategroup Holding and its subsidiaries successfully implemented a comprehensive capital restructuring which involved, among other things, a liquidity injection from the group's shareholders and a complex restructuring of the group's debt and bond instruments. The restructuring was implemented through a recently introduced 'restructuring plan' procedure under English law and was applied for the first time with a Swiss based group.

Lenz & Staehelin acted as counsel to the senior lenders.

Published: 1 May 2021