TITLE

The Entrance of the Exit Facilities

AUTHOR(S)
R. K.
PUB. DATE
January 2010
SOURCE
Bank Loan Report;1/11/2010, Vol. 25 Issue 2, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the projected increase of exit facilities and exit loans following several bankruptcies in the U.S. It notes that there would be a surge of exit facilities and loans now that companies have cleaned up its balance sheet with law leverage. It mentions that banks are already offering four exit facilities for companies emerging from bankruptcy. It adds that the loan market will witness exit facilities exceeding its numbers' total in 2009.
ACCESSION #
47795190

 

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