Tele-Tichon Ltd.: Corporate Debt Restructuring

內容大綱
Tele-Tichon Limited, a private company in India’s telecom equipment manufacturing sector, was in deep financial trouble, after having experienced declining financial health for nearly 10 years. The company had made an attempt at corporate debt restructuring (CDR) six years earlier but its restructuring plan had not been approved. Now, with the company in deeper financial crisis and unable to service its mounting debt and interest burden, the chief executive officer and chief financial officer must weigh the various options for bringing their company back into the black.
學習目標
The case is suitable for a graduate class in finance and assumes that students have a basic knowledge of financial accounting and corporate financial management. The learning objectives include the following: <ul><li>To appreciate Tele-Tichon Limited’s financial position.</li><li>To understand the process of corporate debt restructuring (CDR).</li><li>To evaluate a CDR proposal and assess whether it sufficiently meets the criteria to gain approval.</li><li>To exemplify how CDR can be used to turn around a company in financial distress.</li><li>To explore and evaluate various options for turning around a financially troubled company.</li></ul>
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