Corporate Debt Restructuring Ashish Makhija B.Com (Hons.)‚ LL.B.‚ AICWA‚ MICA‚ FCA 17/05/2008 1 Meaning of Corporate Debt Restructuring (CDR) • A method • • • • used by companies with outstanding debt obligations to alter the terms of the debt agreements in order to achieve some advantage Companies use debt restructuring to avoid default on existing debt or to take advantage of a lower interest rate. 17/05/2008 2 Methods of CDR The existing debt is called and then replaced with new
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A case study of Caterpillar and it’s response to bad business decisions Management of all companies are faced with a rapidly changing business environment and unexpected events. Companies that have been dominant in their industries can see their fortunes turn for reasons of their own making or reasons totally out of their control. If a company fails due to reasons out of their control history may judge them as victims. If a company fails due to their own bad decision history
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Abstract: Long the pride of Peoria‚ Illinois‚ Caterpillar‚ Inc. has established itself as a premier global manufacturing powerhouse whose commercial construction‚ transportation and engine solutions have come to symbolize durability‚ quality‚ and economic progress. This project paper examines the operational and financial numbers resulting from the company’s global sales reach. This paper reviews the publically available corporate financial results for the last decade. This financial data review
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Case Study Analysis for Symphony Seeds The following analysis of Symphony Seeds will go through the following topics – i. The environment and likely organizational structure of Symphony Seeds Sales (SSS) and Symphony Research Institute (SRI)‚ ii. Role and Importance of Land Development Corporation (LDC)‚ iii. Problems of evaluating SRI and SSS from Conglom’s perspective and a comment on their inter-company trading process Based on the case study‚ the environment and organizational
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1/24/2012 Caterpillar Inc. SWOT Analysis I. Caterpillar Inc. manufactures and sells construction and mining equipment‚ diesel and natural gas engines‚ industrial gas. (Yahoo Finance) Caterpillar started in 1925 by a merger of The Holt Manufacturing Company. Holt was already involved in many projects associated in WWI and projects here in the US. Caterpillar has grown the machinery business from mining‚ forestry machinery‚ including track and wheel tractors‚ track and wheel loaders‚ pipe layers
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SYNOPSIS With the help of two different CEO’s‚ Caterpillar transformed itself. For three consecutive years‚ 1982‚ 1983‚ and 1984‚ the Caterpillar Company lost $1 million a day. Caterpillar’s major competitor was a Japanese company call Komatsu. Due to tough global challenges‚ the collapse of its international markets and an overvalued dollar‚ Caterpillar had to reinvent itself or stop business. With the help of two different CEO’s‚ Caterpillar transformed itself. CEO George Schaefer introduced
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top management will respond when faced with the repercussions of a crisis. Of course‚ there are many courses of action to choose from‚ and one of these options is restructuring. Corporate restructuring is entered into by firms that deemed that no other viable options exist but this. The usual form of restructuring is debt restructuring‚ wherein the creditor and the debtor renegotiate the terms and conditions of the existing debt of the latter in order to make it less onerous to fulfill. It may lead
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............................................................................ 1! Background ....................................................................................................................................................2! Caterpillar Inc. Overview ......................................................................................................................... 2! Strategic Overview .....................................................................................
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CORPORATE RESTRUCTURING “Re-engineering is new‚ and it has to be done.” Peter F. Drucker INTRODUCTION The increasing competition‚ rapid advances in technology‚ more demanding shareholders‚ more challenging work forces and rising complexity of the business conditions have increased the burden on managers to deliver superior performance and value for their shareholders. In this modern “winners take all” economy‚ companies have to take a timely responsive action to save their organisations
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Human Resource Restructuring Trends 1. A number of firms are changing the way the functions are performed. For example‚ some companies are restructuring HR for reasons‚ such as time pressures‚ financial considerations‚ and market pressures. This restructuring often results in a shift in terms of who performs each function. Organizations still perform the majority of a firm’s HR functions inside the firm. Adjusting to HR restructuring trends—who performs the human resource management tasks? 2. The
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