Blackstone and Dahlman Rose & Co. Sign Agreement to Cooperate on Restructuring Services for Maritime Sector

The Blackstone Group BX and Dahlman Rose & Co. announced today an agreement to jointly provide financial advisory services to maritime clients seeking to recapitalize or restructure their balance sheets. The agreement encompasses maritime restructuring situations globally and relates to a broad array of potential financial restructuring constituents, including borrowers, secured creditors, lessors, charterers, unsecured and trade creditors and equity participants.