A rolling loan gathers no loss



Companies that are facing financial distress or near-term maturities are able to access the high-yield loan debt or to structure bank deals that look very much like bonds, and when this liquidity dries up, restructuring is going to see an uptick, says Robert Nabholz, managing director at Duff & Phelps Corp. Nabholz ranks No. 7 on The Deal’s Bankruptcy League Tables’ investment bankers. Find out more about the league tables here. – Sara Behunek

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