2min chapter

 The Insight by Oaktree Capital cover image

Navigating LMEs with Armen Panossian, Ronnie Kaplan, and Ross Rosenfelt

The Insight by Oaktree Capital

CHAPTER

Understanding Liability Management Exercises and Their Benefits

This chapter explores the impact of Chapter 11 bankruptcy on financial sponsors and the strategic importance of liability management exercises (LMEs) for borrowers. It highlights how LMEs can offer temporary relief and preserve relationships, benefiting both stakeholders and lenders amidst financial challenges.

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