B&S provides practical risk management solutions to help clients facing financial distress. They operate confidentially to restructure finances, improve operations, and handle debt and governance issues. Their three main services are high impact dossier services to protect credibility, in-control structuring services to protect stakeholder trust, and debt restructuring services to protect business continuance. B&S was founded by Guido Schlösser and Rob Boemen to serve clients dealing with issues caused by upcoming debt maturities and increased regulatory pressures in the leveraged finance market.

1. - Adding value trough execution -
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2. What is B&S?
serving clients
to avoid or
we are a risk
handle “good
management
company – bad
boutique
balance sheet”
We provide practical action oriented situations
risk management solutions,
to safeguard the a venture of a market
Guido Schlösser dominated by
financial position and and Rob the credit
Boemen bubble
achieve results, for our clients,
who find them self’s in a
distressed business environment.
confidentiality we operate
is our license to along 3 risk
operate solutions
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3. Good company – bad balance sheet
Focused protection of your reputation through:
 Credibility we execute high impact dossiers
 Stakeholders’ trust we structure transparent management
information
 Business continuance we tackle the refinancing risk taken the
credit bubble
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4. Market & the credit bubble
We see:
• Refinancing risk will increase substantially over the next five years
• Business resizing will be driven by regulatory and public pressure
• Transparency on governance and risk profile management will become the standard
Maturity Profile – Maturity Profile -
US and European Leveraged Finance Markets European LBO Debt
"JP Morgan expects the cumulative default rate for the next five
years to reach 40% of all outstanding high yield and bank debt
market"
Data: Credit Suisse, assuming tradable leveraged loan universe
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5. 3 risk & governance solutions
• Restructure the money machine to improve margins, cost base and tax benefits
High impact dossier
services • Hands-on issue management to avoid reputation loss
protect credibility
• Assess business investments and capital expenditures
In-control structuring • Eliminate checks & balances deficiencies in governance & controlling
services
protect stakeholders’ • Assure effective and efficient financial reporting to stakeholders
trust • Embedding international accounting and reporting standards
Debt restructuring • Financial distress situation response to avoid bankruptcy
services
• Execution of workout - out of court restructuring
protect business
continuance • Support and negotiation (re)financing
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6. High impact dossiers
• Make cash flows transparent and improve cost base profile
Restructure the
• Provide buy, hold or sell business investment decision taking information
money machine
• Reduce effective tax rate
• Clean up balance sheet
Hands-on issue
management • Solving stock control -, tax- , litigation-, recovery,- contingency issues
• Support crisis management
• Merger and acquisitions: managing the assumed synergies
Project and
• Quality assurance: continues risk tracing and budget control
program control
• Merger and (de)investment work out
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7. In-control structuring
• Change management to (re)structuring the governance & controlling organization
Checks & balances • Define and assure compliance management and trading mandate framework
• Stress testing effectiveness risk control framework and improvement
• Improving the risk control effectiveness and time window of the process of
financial reporting
Financial reporting
• Execute implementation management letter internal and external auditor
• Provide supplementary management & board information to stakeholders
• First time adoption of financial reporting standards
International
accounting • Financial instruments IAS 7, IAS 39
standards
• Consolidation and Joint ventures
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8. Debt Restructuring
• Forensic analysis when performance has collapsed
Financial distress • Reviewing long term plans, capital projects, business assessments and valuation and
situations preparing and managing data rooms
• Analysis cash flow generating capacity and action taking
• Dealing with Stakeholders be it Pension Trustees, workforce councils shareholders, bondholders,
auditors, regulators and governments
Execution workouts • Restore balance sheet
• Asset and/or company disposals / Dispute & Insolvency resolution
• Dealing with Financiers: preparation of information for banks, investors, help with
Support refinancing
refinancing negotiations and obtaining the best terms and covenants.
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9. Ve n t u r e
Rob Boemen
• Working experience in operational and financial restructuring
Master and bachelor
degrees in Economics and • Managerial positions with Arthur Andersen (audits and special investigations),
Accounting
British Vita Benelux (CFO), ENECO Energy (Director Risk Management).
Member Royal Dutch Institute
of Chartered Accountants • In 2007 started own practice serving clients amongst others in closed end real
Member American Institute of
internal auditors estate funds (Market regulation affairs) and international agri commodity trading
business (Global group control).
Guido Schlösser • Working experience in operational restructuring, strategy and M&A
Master in Science
Economics and Marketing
• Board positions with ICI (chemicals) (Finance & IT Director), Royal Pakhoed
(Storage & Distribution) (Group Controller), Reliant Energy (Energy) (CFO),
Samas (office furniture) (CFO) and Nidera (soft commodity) (COO).
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