Manazel PJSC Appoints Houlihan Lokey as Financial Advisor for its Capital Optimization Plan
May 06, 2024 at 02:15 pm
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Manazel PJSC announced the engagement of Houlihan Lokey as its financial advisor for the implementation of a comprehensive capital optimization plan. This engagement marks a significant step in Manazel's efforts to boost its development arm, strengthen its financial position, and drive sustainable growth through numerous potential targeted initiatives such as capital raise, corporate reorganization, sale of non-core assets, and other value-enhancing measures. The collaboration with Houlihan Lokey underscores Manazel's commitment to
proactive financial management and creating long-term value for its shareholders and stakeholders.
Houlihan Lokey, Inc. is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory. The Company's segments include Corporate Finance (CF), Financial Restructuring (FR), and Financial and Valuation Advisory (FVA). The CF segment provides general financial advisory services in addition to advice on mergers and acquisitions and capital markets offerings. The FR segment provides advice to debtors, creditors and other parties-in-interest in connection with recapitalization/deleveraging transactions implemented both through bankruptcy proceedings and through out-of-court exchanges, consent solicitations or other mechanisms, as well as in distressed mergers and acquisitions and capital markets activities. The FVA segment primarily provides valuations of various assets, including companies, illiquid debt and equity securities, and intellectual property (among other assets and liabilities).