Restructuring Company Debt

T. H. Donaldson

Chapter 11 in How to Handle Problem Loans, 1986, pp 156-201 from Palgrave Macmillan

Abstract: Abstract To decide whether, and on what terms, to restructure debt, banks must know why the company needs help. There will always be a financial problem by the time restructuring is necessary, but it may be the main problem or may result from wider failures such as: the structure of the business; unwise acquisitions financed by debt; inefficient plant and equipment; bad labour relationships and poor productivity; an inferior or ageing product; competition from other countries, companies, products, raw materials; or any other aspect of the company’s business which causes a cash drain and therefore either creates the financial problem or hinders its solution.

Keywords: Cash Flow; Central Bank; Foreign Bank; Domestic Currency; Debt Service (search for similar items in EconPapers)
Date: 1986
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-07740-3_11

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349077403

DOI: 10.1007/978-1-349-07740-3_11

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().