Abstract
What goes through the bank syndicate lender's mind when the dreaded phone call reveals “something bad happened”? Surprise. Anger. Suspicion. Questions arise on a multiplicity of subjects. Viability. Competence. Exit strategy. What if the bank syndicate is asked to fund losses? How should their concerns be addressed and their support maintained? The author outlines a proven approach that has been of value to the company and the syndicate in numerous financial crises.
- © 2004 Institutional Investor, LLC
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