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 - November 2025

We will never know if the Chancellor’s unprecedented pre-budget speech earlier this week was also an attempt to coax the BOE into an earlier rate cut, but Governor Andrew Bailey didn’t take the bait and was the casting vote to hold rates at 4% rather than lower them to 3.75%.

PegasusCapital - 13/11/2025