Toronto, December 11, 2007 – The number of restructurings in Canada should rise in 2008 due to the serious tightening of the credit market, according to Ogilvy Renault. The tighter market means that when companies have problems and look for money to solve them, they won’t find financing as easily as they have in the past.
Canada, Insolvency & Restructuring, Norton Rose Fulbright, Bond market, Market liquidity, Option (finance)