Quote:
Originally Posted by Tron_fdc
Maybe it's time to start looking for a new bank!
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Actually, I think they're trying to find more banks like them.....
The company is in admittedly bad shape, but there are plenty of companies in danger / or have already breached covenants. The question is: how badly does the bank want to push the company into CCAA and inherit a pile of assets it then has to monetize? Or do you hold your breath and hope management's plan is better?