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restructuring
Wiktionary
restructuring

n. A reorganization; an alteration of structure. vb. (present participle of restructure English)

Wikipedia
Restructuring

Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs. Other reasons for restructuring include a change of ownership or ownership structure, demerger, or a response to a crisis or major change in the business such as bankruptcy, repositioning, or buyout. Restructuring may also be described as corporate restructuring, debt restructuring and financial restructuring.

Executives involved in restructuring often hire financial and legal advisors to assist in the transaction details and negotiation. It may also be done by a new CEO hired specifically to make the difficult and controversial decisions required to save or reposition the company. It generally involves financing debt, selling portions of the company to investors, and reorganizing or reducing operations.

The basic nature of restructuring is a zero-sum game. Strategic restructuring reduces financial losses, simultaneously reducing tensions between debt and equity holders to facilitate a prompt resolution of a distressed situation.

Corporate debt restructuring is the reorganization of companies’ outstanding liabilities. It is generally a mechanism used by companies which are facing difficulties in repaying their debts. In the process of restructuring, the credit obligations are spread out over longer duration with smaller payments. This allows company’s ability to meet debt obligations. Also, as part of process, some creditors may agree to exchange debt for some portion of equity. It is based on the principle that restructuring facilities available to companies in a timely and transparent matter goes a long way in ensuring their viability which is sometimes threatened by internal and external factors. This process tries to resolve the difficulties faced by the corporate sector and enables them to become viable again.

Steps:

  • Ensure the company has enough liquidity to operate during implementation of a complete restructuring
  • Produce accurate working capital forecasts
  • Provide open and clear lines of communication with creditors who mostly control the company's ability to raise financing
  • Update detailed business plan and considerations
Restructuring (disambiguation)

Restructuring is the act of reorganizing business structures.

Restructuring may also refer to:

  • Debt restructuring, the reduction and renegotiation of debt
  • Economic restructuring, the phenomenon of urban areas shifting their economic base from manufacturing to the service sector
  • Cognitive restructuring, a process in cognitive therapy with the goal of replacing irrational beliefs with more accurate and beneficial ones
  • Physical restructuring, the transfer, consolidation and closure activities of manufacturing plants

Usage examples of "restructuring".

This would require dramatically altering the sanctions to choke off the smuggling to Iraq, finding a way to restore the inspectors to Iraq and allow them to do their job for as long as it takes, restructuring the U.

In addition, his strategies of diversifying into manufacturing, restructuring the corporation, and appealing to new markets all increased the company's cash flow, even though its fundamental business still was selling hamburgers.

With no way of stopping the mujahedin rebels from being supplied with Stinger antiaircraft missiles by the United States, they had lost their air cover, which in turn meant the dismal prospect of either escalating the war beyond international tolerance or settling in to fight a protracted war of attrition that would inevitably lead to unrest at home and the disruption of his economic and social restructuring programs.

In less than two weeks time the board of supervisors is going to decide whether or nor to accept the health department's restructuring plans, plans which stave off the worst of the cuts in return for a leaner system long-term.

We knew what was going on in the Kuiper belt, battles between Ultrabright factions, Superbright complexes going NP-slow, big energy-intensive restructuring in the Oort halo around the outer system.

Thinking of her in terms of a life partner would mean completely restructuring how I viewed her and worked with her, and right now she was far too valuable as my assistant for me to rock the boat.

But the restructuring that the mobiles were discussing wasn’t temporary.

In Bosnia, these efforts included modernizing agriculture, reviving and reforming education, restoring health care (including by rebuilding hospitals and modernizing equipment and practices), repairing infrastructure, building and repairing housing, restoring sanitation and sewage services, restructuring and reforming the police force, establishing the rule of law, training lawyers and judges, building political parties, promoting transparency and accountability in governance, restoring and modernizing the energy sector, promoting the adoption of international standards of accounting, developing a regulatory banking system, privatizing industry, creating capital markets for investment, providing loans for the start-up of new companies, and building an independent media and other political institutions.

He claims that he has cured the glitch in the country's computer network and that he is personally restructuring the entire monetary system.

The restructuring and the first revised organizational chart will occur somewhat later, but still well before we reach Base-especially if you still intend mining Daffodil before our return.

At that point Nancia would be able to create a rapid physical decomposition and restructuring of the local spaces, projecting herself and her passengers from one subspace to the other.

The rest of the day was spent in choosing curtaining and wallpaper, and supervising the artisans who were redecorating the house, consulting with Anna on the restructuring of Theuniskraal's domestic arrangements, romping with Shasa and trying to prevent the Zulu servants from spoiling him utterly, taking instruction from Garry Courtney in the subtle art of steering and driving the big Fiat tourer, in pondering the printed invitations that arrived with every day's mail, and generally taking over the management and running of Theuniskraal as she had that of the chateau at Mort Homme.

Although similar restructurings had happened with other agencies in the past, Herney refused to entertain the idea of placing NASA under the auspices of the Pentagon, the CIA, the NRO, or any other military directive.

By implementing systems that raise accountability among employees and offer incentives for good performance, we drastically motivated our team and took them all for a wild ride down the corporate restructuring path.

Incredibly, there are those walking among us who think this is wonderful news, and who are busily restructuring their banks, mapping new condominium clusters and dreaming up bigger and better trailer parks.