How to avoid automatic loan repayment upon the change of control?
What strategies or solutions has anybody used to navigate the issue of automatic loan repayment triggered by a change of control during a majority investment? I have an opportunity to invest growth capital in a company where I'll obtain majority ownership. The existing owner needs a large sum of capital urgently in order to capture some organic and inorganic opportunities. However, as a foreign controlling shareholder, I'm not qualified to help the company to assume the current loans or new loans in the US, which presents a challenge. Any advice or insights on how to handle this situation without giving up majority control would be greatly appreciated!