IQera Bondholders Pick Houlihan, Gibson Dunn for Debt Talks
- French firm has said long-term options are under review
- Interest rates have weighed on the debt collector’s results
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A group of French debt collector iQera Group SAS’s bondholders have selected legal and financial advisers to engage with the company in balance sheet restructuring talks, according to people familiar with the matter.
Houlihan Lokey Inc. and Gibson Dunn & Crutcher are the respective financial and legal advisers for noteholders that include Alcentra Ltd., the Credit Investments Group at UBS Asset Management — formerly Credit Suisse Asset Management — Intermediate Capital Group Plc and Tikehau Capital, the people familiar said, asking not to be named discussing private information.