TM Capital. Success. Realized. | Valley Proteins Closes Restructuring

Valley Proteins, Inc. had incurred $160 million of indebtedness in acquiring a major competitor, and combined cash flow proved insufficient to service this debt
The company retained TM Capital as financial advisor to assist in pursuing available financing alternatives
TM Capital assisted in negotiating a debt restructuring which waived all defaults, significantly reduced current interest requirements and maintained 100% control by the existing shareholders
The financial flexibility provided by this restructuring has contributed to the substantial turnaround which Valley has since achieved in its operating results

$160,600,000 Financial Restructuring

$20,000,000 Senior Revolving Credit Facility $65,000,000 Senior Term Loan $45,500,000 Second Lien Term Loan $30,100,000 Subordinated Notes

TM Capital assisted Valley Proteins, Inc. in restructuring $161 million of senior and subordinated indebtedness

For more information, contact our industrials team at:

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Valley Proteins Closes Restructuring