Find the right successor agent for distressed debt.
Borrower default on debt service payments or loan covenants may trigger the resignation or removal of an administrative agent. This can disrupt the orderly administration of a credit facility if not handled properly.
As part of our Loan Agency suite of services, SRS Acquiom is an independent, conflict-free, successor agent. Our loan agency team is as knowledgeable and experienced with distressed debt and as with performing debt.
Successor agent services include:
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Why Choose SRS Acquiom
- Nimble and flexible teamWe think creatively and assist our clients with the necessary roles that may emerge while a deal is going through bankruptcy or restructuring or is being underwritten.
- Simplified KYC processOur online, interactive KYC (Know Your Customer) process allows clients to respond to only the questions required by regulation. Our process has been condensed specifically for loan agency transactions, and can be completed in a few hours–from beginning to approval while others can take over a week.
- ProvenOur team has decades of experience administering distressed debt and restructuring credit facilities ranging from single-lender to broadly syndicated facilities with hundreds of lenders around the world.
