prepack

Noun

(business) A bankruptcy procedure in which a restructuring plan is agreed before the company declares itself insolvent.

Japanese Meaning

（ビジネス用語）会社が自己破産を宣言する前に、再建計画があらかじめ合意される倒産手続きの一形態。

After months of negotiation, the board approved a prepack to speed up the restructuring and protect creditor value.

数ヶ月の交渉を経て、取締役会は再建を迅速化し債権者の価値を守るために事前合意の破産手続きを承認した。

Sense（1）

(business) A bankruptcy procedure in which a restructuring plan is agreed before the company declares itself insolvent.

prepacks

（ plural ）