Corporate finance

Sungard AS concludes debt restructuring and simultaneously appoints new CEO

Sungard Availability Services has announced that it has successfully emerged from its Chapter 11 restructuring. Last week, the company briefly put its U.S. entities into Chapter 11 restructuring to effect its consensual agreement with a majority of its creditors to reduce Sungard AS’ overall debt. The restructuring reduced the Company’s debt by over $800m, including […]