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June 19, 2011

PwC UK expands debt advisory unit

PwC UK has appointed Nick Atkinson as head of its expanded debt advisory unit.

Atkinson has previously worked as head of the European Leveraged Finance team at the Royal Bank of Canada.

John Williams, David Godbee and Nick Carmichael have also been appointed to join the team.

The debt advisory team will be targeting mid-sized and large businesses seeking to refinance or raise their capital structure.

Atkinson said there are several hundred billion Euros of legacy leveraged loans maturing to 2016 where good advice can make a significant impact to returns.

“Solutions are out there, but they exist in smaller, more concentrated pools than in the recent past. PwC has the contacts which will allow us to provide options to businesses, whatever the nature of the capital problems they face,” Atkinson said.

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