Exide Technologies

Summary

Lender Advisor

Milton, GA

An American multinational lead-acid batteries manufacturing company. It manufactures automotive batteries and industrial batteries. It is based in Milton, Georgia, United States.

Financial advisor to the senior secured lender group during the Company’s in-court restructuring.

Engagement Highlights

CMA professionals were responsible for negotiating, analyzing viability, structuring, and sizing the debtor-in possession financing.
Evaluated business unit operations and strategies including cost saving initiatives, domestic and foreign operations, and assessed the ability to divest certain lines of business.
- Additionally, analyzed customer, product, and channel profitability.
Provided recommendations to the senior secured lender group regarding ways to reduce warranty costs.
Analyzed and evaluated the 13-week cash flow including the impact of LME lead price volatility on profitability.
Assessed DIP sizing and structure to determine risk.
Determined flow of funds and exposure from international operations.
Negotiated with the debtor’s FA to improve terms.
Ultimately advised the client through a successful refinancing resulting in a full return.

Exide Technologies

Summary

Lender Advisor

Engagement Highlights

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