---
title: "10:31 ET\n			\n			\n				SOLIC Capital Advisors Serves as Financial Advisor to the Ad Hoc Group of Bondholders in the Exela Technologies Restructuring"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/231557538.md"
description: "SOLIC Capital Advisors is serving as the financial advisor to the ad hoc group of bondholders in the restructuring of Exela Technologies, which is undergoing chapter 11 proceedings in the Southern District of Texas. The restructuring involves $1.3 billion of funded debt, with the ad hoc group providing a new money DIP facility of up to $80 million. The SOLIC team is led by Reid Snellenbarger and Greg Hagood."
datetime: "2025-03-12T14:32:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/231557538.md)
  - [en](https://longbridge.com/en/news/231557538.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/231557538.md)
generator: "portal-rs"
---

# 10:31 ET
			
			
				SOLIC Capital Advisors Serves as Financial Advisor to the Ad Hoc Group of Bondholders in the Exela Technologies Restructuring

, /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  
**\[email protected\]**

SOURCE SOLIC Capital Advisors

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**