Doncasters Group Ltd, an aerospace parts maker controlled by Dubai International Capital, is facing calls from creditors to start talks about a potential debt restructuring, three people familiar with the situation said.
A group of lenders that provided a $745 million secured facility maturing in April 2020 hired PJT Partners and Latham & Watkins as advisers and to carry out due diligence on the British firm, according to two of the people who asked not to be named discussing private information.
The creditors want to agree a turnaround with the firm, aimed at cutting debt and fixing operational issues in ...
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