SOLIC Capital Advisors Serves as Financial Advisor to the Ad Hoc Group of Bondholders in the Exela Technologies Restructuring

CHICAGO, March 12, 2025 /PRNewswire/ -- SOLIC Capital Advisors, a leading financial advisory firm providing investment banking, restructuring and distressed asset support services, is representing the ad hoc group of bondholders of Exela Technologies, a global business process automation company, in connection with its chapter 11 cases, captioned In re DocuData Solutions, Inc. pending in the United States Bankruptcy Court for the Southern District of Texas. These proceedings involve the restructuring of $1.3 billion of funded debt and the ad hoc group is providing a new money DIP facility of up to $80 million.

The SOLIC Team is led by Reid Snellenbarger and Greg Hagood.

About SOLIC 
SOLIC Capital Advisors ("SOLIC") is a leading financial advisory firm providing investment banking, restructuring, and distressed asset support services. SOLIC provides creative solutions to complex challenges by combining market knowledge with deep industry expertise to deliver optimal results for our clients. To learn more, please visit www.soliccapital.com. 

Media Contact: 
Kira Perdue, Carabiner Communications 
404-556-0062
kperdue@carabinercomms.com

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SOURCE SOLIC Capital Advisors