SECTOR: Consumer Discretionary - Retail
CONFIRMED DATE: August 2019
ROLE: Financial Advisor to the Official Committee of Unsecured Creditors
Mishti Holdings owns and operates upscale retail candy stores primarily located in shopping malls all around the country. Province is currently retained by the Official Committee of Unsecured Creditors to enhance the Debtors' proposed 363 sale process, ensure the viability of their go-forward plan, stress test the debtor-in-possession budget's liquidity constraints, and determine the value of unencumbered assets. Currently, Province is analyzing the viability of a merger with other complementary specialty candy retailers.