{
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  "docSlug": "444c2570e8f0ee01",
  "documentTitle": "European Distressed Credit Watch List",
  "authorId": "AlvarezMarsal",
  "authorName": "Alvarez & Marsal",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
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  "slideType": "situation_overview",
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  "notes": "Slide provides a snapshot of a distressed or restructuring situation, likely for a financial advisory context.",
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      "kind": "list",
      "text": "Feb 16 - The company was downgraded to CCC+ from B- with a negative outlook due to an unstable capital structure and inadequate liquidity. Apr 16 - DryShips agrees to sell its stake... May 16 - Evercore reportedly retained... Jul 16 - a group of lenders...",
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      "kind": "metric",
      "text": "Net Debt: 2,871",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
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      "componentId": "019dd951-a674-768f-a07c-3ef7109cf12b",
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      "kind": "paragraph",
      "text": "Ocean Rig UDW Inc., an offshore drilling contractor, provides oilfield services for offshore oil and gas exploration, development, and production drilling worldwide.",
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        "x": 0.06,
        "y": 0.92
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      "kind": "source-note",
      "text": "Source: Capital IQ, Debtwire, Company website",
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      "kind": "table",
      "text": "Capital Structure table showing Term Loans, Credit Facility, Notes, and debt ratios.",
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      "kind": "table",
      "text": "Financial Summary table showing Revenue, EBITDA, Net Income, and coverage ratios from 2013 to LTM Mar-16.",
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      "kind": "title",
      "text": "O. ENERGY – OCEAN RIG UDW INC.",
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  "metrics": [
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      "metricRaw": "Net Debt",
      "numberRaw": "2,871",
      "numberKind": "plain",
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      "numberScale": null,
      "numberValue": 2.871,
      "metricFamily": "margin_return",
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      "agent": "Storyteller",
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      "matchId": "eb0e7d37-217d-498f-b39c-5d79b61b5f93",
      "evidence": "The slide provides an overview of Ocean Rig UDW Inc., indicating an audience familiar with the company or the energy sector.",
      "confidence": 0.7
    },
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      "name": "Gestalt Principles",
      "slug": "gestalt-principles",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "019dd95a-1055-74e0-a962-95dc3d93493d",
      "evidence": "Same 4-quadrant case-study template.",
      "confidence": 82
    },
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      "agent": "Designer",
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      "evidence": "Quadrant grouping repeats template.",
      "confidence": 78
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      "evidence": "Header bars > content.",
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      "beatId": "019dd95a-0682-776c-8e36-7d201575a6df",
      "arcName": "The Onion",
      "arcSlug": "onion",
      "beatName": "Core Insight",
      "beatSlug": "onion-core-insight",
      "evidence": "23 issuer-level case studies on a uniform 4-quadrant template.",
      "position": 4,
      "confidence": 78,
      "parentBeatName": "Turn",
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    {
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      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "Per-issuer dossiers with capital structure and situation.",
      "position": 4,
      "confidence": 55,
      "parentBeatName": "Evidence",
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      "matchId": "019dd95a-07fe-70ce-8d3f-26e0d0a94f1a",
      "evidence": "Aggregate table (p16) followed by 23 same-template issuer cases reads as Evidence A, B, C → pattern.",
      "position": 3,
      "objective": "Stack 24 distressed-credit dossiers as cumulative evidence for the watch-list thesis.",
      "structure": "Evidence A -> Evidence B -> Evidence C -> Pattern/Conclusion",
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}