Is it time for Australia to rethink its approach to financial restructurings?

21 February 2012 | Jason Salman

Historically, financial restructurings in Australia have been dominated by local lenders. As a result of the willingness of local lenders to sell debt in the secondary market there has been increased participation from off-shore lenders (notably US- and European-based hedge funds). These new lenders are keen to utilise foreign restructuring techniques in Australia. These restructuring techniques can be employed to implement successful balance sheet restructurings which preserve value for key stakeholders.

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Jason Salman

Partner. Sydney
Partner. Perth
+61 2 9210 6160