In an internal memo, Amine explained that the new debt advisory and restructuring group (DA&R) will enable the bank to provide an integrated solution to challenging market conditions.
The DA&R group has been formed to provide debt work-out solutions (from simple consents and amendments to full-scale restructurings) and to advise healthy companies facing acquisition and other financing requirements and capital structure management issues. It will be jointly led by Marisa Drew and Craig Klaasmeyer, co-heads of debt advisory, and the group in turn will again report to Marisa Drew and Thibaut de Gaudemar in their capacities as co-heads of GMSB in EMEA.
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