Pegasus Capital

Generally a restructuring is needed when a breach of covenant has occurred within a loan or swap document. When this occurs, the lenders will usually work with their borrowers to see what steps can be taken to rectify the situation and this is where we can provide assistance.

Our working knowledge of loan documentation and structuring combined with our ability to value and price the financial instruments used for hedging enables us to work with clients to negotiate terms for revised covenants, loan restructurings and ensuring that out of the money losses on hedging instruments are not crystallised unnecessarily.

A View from the Bridge - October 2025

Nothing to see here? There were few surprises from the Bank of England last Thursday with both the decision to hold rates at 4%, along with the 7-2 vote split (Dhingra and Taylor voting for a 25bp cut) widely anticipated.

PegasusCapital - 14/10/2025