SC Lowy – Deal of the Year Finalist at Lloyd’s List Asia Awards 2015

Following the dry bulk shipping company’s filing for bankruptcy in mid-2013, SC Lowy began buying Pan Ocean’s debt, eventually becoming its largest creditor. The position allowed it to advise and guide the eventual restructuring agreement with the creditors’ group, building on its previous experience and reputation from Korea Line. SC Lowy’s involvement facilitated the eventual sale of Pan Ocean to a South Korean conglomerate, an outcome that allowed the creditors to retain a substantial portion of their investment and the company to survive intact, saving many jobs.

See full List of Finalists.

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