Lehman's A-Team for Corporate Workouts

Firm bundles fixed income, investment banking talent into restructuring group.

June 2, 2008

It's no secret that an economic slowdown and rising borrowing costs have brought about their share of casualties in corporate America. So, Lehman Brothers has responded to an expected increase in demand for rescue money for out-of-court restructurings, debtor-in-possession (DIP) loans and exit loans by bringing its investment bankers and fixed income professionals into one restructuring group.

The full article is available to IDD Magazine subscribers only

Already a print subscriber? As a print subscriber, you are entitled to online access. Please click here to activate your account.