Given the high fixed-cost nature of the business, these difficulties have led to marginal or negative operating leverage. The resulting margin squeeze has put tremendous pressure on property balance sheets and the ability to meet debt service obligations and both financial and non-financial loan covenants.
In a creditor advisory capacity, Apertor will perform a Rapid Assessment of the troubled asset, including an analysis of the achievability of existing business plans and cash flow projections. We will communicate regularly with our client detailing our findings and recommendations and provide an assessment and quantification of restructuring alternatives.
The current economic climate has resulted in significant revenue shortfalls and balance sheet stress... we provide answers.