Of Counsel Clifford Atkins (London-Finance) hosted a podcast with Debtwire in which they discuss the highlights of the Frigoglass restructuring. The podcast looks at the issues involved in advising the Frigoglass Group on its successful capital restructuring, which included the use of an English scheme of arrangement. Topics covered include:

• The background to the transaction and the decided approach;
• The different elements of the restructuring, including a Greek rights offering;
• The use of a scheme of arrangement for part of the restructuring, including a shift in the COMI of the issuer and a change to the governing law and jurisdiction of high yield notes;
• The key benefits of the restructuring to the Frigoglass Group.