Paragon Corporate Holdings manufactures and distributes printing products for the quick print and small commercial printing markets.
The company’s financial position had become distressed and they sought to restructure their balance sheet to avoid a bankruptcy filing.
Candlewood was engaged as financial advisor to restructure the company’s Senior Note. By structuring the new note with a combination of cash, non-maturing debt, and certain equity conversion rights to the previous debt holders, the client successfully avoided a bankruptcy filing.
Have a question for the deal team?
Candlewood Partners, LLC
Established 2001
