Restructuring and workouts
strategies for maximizing value
- ISBN: 9781905783205
- Editorial: Globe Business Publishing
- Fecha de la edición: 2008
- Lugar de la edición: London. None
- Encuadernación: Cartoné
- Medidas: 24 cm
- Nº Pág.: 238
- Idiomas: Inglés
The current restructuring market has developed dramatically since the recession of the early 1990s. A number of factors have contributed to a trend for increasingly complex workouts including the sophistication of financial products that have evolved over the last decade; the diverse nature of the providers of debt and equity and the willingness of financial institutions to see distress as an opportunity for profit and not just a damage limitation exercise. As a result, the adviser community has developed imaginative solutions to assist those who have repeated exposure to businesses in distress. The current economic environment is now testing these new tools. They have been created to maximise value in restructuring situations and the market is undoubtedly providing opportunities for their use.
Ed. Ben Larkin