Posted on February 17, 2009 at 1:46 PM
Filed under: Bankrupcy Insider | Corporate Dealmaker | Dealscape | Distressed Investing | Events
Tagged: Bank of America , bankruptcy , Bayside Capital , David Gozdecki , DIP Financing , distressed investing , GE Commercial Finance , Kevin Philips , Tiffany Kosch

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There will likely be a lot less exit financing in 2009, according to experts. At the TMA/The Deal's Distressed Investing Conference, David Gozdecki, GE Commercial Finance-National Restructuring Practice; Kevin Philips, Bank of America Corp./Merrill Lynch & Co.; and Tiffany Kosch, Bayside Capital, explained that the market is not completely dead, but there is more pressure to find the right opportunities. With that in mind, lenders are looking at more opportunities in offensive DIP financing. - Maria Woehr

Also see:
More TMA/The Deal's Distressed Investing Conference Coverage

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