Business News • MarketWire • Imperial Capital Advises Pegasus Solutions, Inc. in Successful Debt Restructuring |
Imperial Capital Advises Pegasus Solutions, Inc. in Successful Debt Restructuring |
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Imperial Capital Advises Pegasus Solutions, Inc. in Successful Debt Restructuring
LOS ANGELES, CA--(Marketwire - January 29, 2010) - Imperial Capital announced the
closing of the exchange offer and comprehensive restructuring of Pegasus
Solutions, Inc. ("Pegasus" or "the Company"), a global leader in providing
technology and services to hotels and travel distributors. Imperial
Capital acted as exclusive financial advisor to Pegasus.
"Imperial Capital provided excellent advice and guidance through their
expertise in restructuring negotiations and execution," said Pegasus CFO,
Mark S. Dubrow. "We believe the successful refinancing of our notes is
another indicator of the confidence our syndicated lenders and bondholders
have in Pegasus Solutions' business model, financial stability and
management team."
View More : http://www.marketwire.com/mw/release.do?id=1109213&sourceType=3
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