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Restructuring

Restructuring of Notes is one of the recovery efforts that we take in Funding Societies.

Written by Melissa

Restructuring is defined as altering an existing payment structure to a new structure.

This also means lengthening of financing tenure, changing the structure and frequency of Principal, return and late fee payments and any other terms of payments.


Period:

The restructuring period will usually be structured to not more than 24 months. However, on certain occasions it could be longer depending on the Issuer's payment capability.

Structure:

The payment structure will be rescheduled and changed entirely which include both Principal and return payment.

Collections:

This will help in the recovery process on distressed Notes and increase the possibility of collections from the Issuer.


Generally, this process is a win-win situation for both investors and the Issuers. This helps the Issuers ease financial affordability and eba

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