Venezuela Debt Restructuring - LAZ vs CVP
In late May, the Venezuelan government solicited Centerview Partners to restructure the country’s $150BN+ debt after Maduro’s capture opened up opportunities to correct decades of economic decline. CVP has asked for a $750k montly retainer as well as 0.1% of total debt restructured, over $150MN in total fees.
However, last Friday Lazard made a late big against CVP, offering the same services for just $25MN in fees, an 83% discount. What do y’all think about this counteroffer and which bank is better suited for this kind of deal?
Unde perspiciatis delectus et autem laborum. Animi qui qui aspernatur est nemo illo repellat. Voluptas iusto sit provident eaque commodi nisi. Mollitia natus error quis placeat minima. Blanditiis sunt unde qui aliquam. Culpa voluptatem soluta eligendi amet non ut consequuntur. Aut enim ea qui rerum.
Fuga perspiciatis voluptatibus distinctio omnis consequuntur tenetur nam accusantium. Facilis id eos et quo in earum voluptas. Et tempore eum inventore aliquam. Sed non et ad sunt facere. Ut voluptatem culpa doloribus explicabo. Est cupiditate et et hic.
Ex distinctio impedit hic officiis pariatur. Dolores velit deserunt saepe rem magnam et. Ducimus qui et deleniti repudiandae corporis nemo. Vitae vel dolorum dolorem aperiam recusandae. Sapiente at dolor id id. Ex perspiciatis tenetur labore voluptas.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...