@article {Frasker45, author = {Jill Andresky Frasker}, title = {Restructuring Mississippi Chemical}, volume = {8}, number = {2}, pages = {45--52}, year = {2005}, doi = {10.3905/jpe.2005.490418}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Mississippi Chemical Corporation completed a dramatic reorganization and timely exit from Chapter 11 last December, despite a host of problems. Once viewed as a likely liquidation candidate, its bond prices moved from less than 10 to almost 80 cents during the case as the Company carried out a profitable sale to Terra Industries. This outcome depended upon the creative strategies and collaborative efforts of the Company{\textquoteright}s management, restructuring advisor, bankruptcy counsel, bondholders, new lenders, and other creditors and demonstrated the value that flexible leadership, respectful listening, determined teamwork, and perseverance can play in improving recoveries to all.}, issn = {1096-5572}, URL = {https://jpe.pm-research.com/content/8/2/45}, eprint = {https://jpe.pm-research.com/content/8/2/45.full.pdf}, journal = {The Journal of Private Equity (Retired)} }