Foundever Lenders Engage Lazard Ahead of Debt Talks With Company

A group of lenders to customer relationship services company Foundever Group SA has tapped investment bank Lazard Inc. as financial adviser ahead of potential restructuring talks with the company, according to people with knowledge of the matter.

• The group was already working with law firm Gibson Dunn & Crutcher LLP and signed a cooperation agreement to band together in discussions with the company, Bloomberg reported earlier
• The company, formerly known as Sitel and owned by the Mulliez family, one of France’s largest family fortunes, is working with PJT Partners Inc., Bloomberg reported
• A representative for Foundever declined to comment, ...