Business, 27.10.2019 21:43 princesincer9256

Alby ltd. is going through a severe financial crisis. it needs to either file for bankruptcy or restructure its loans. it opts for the latter. the management decides to take a loan from the bank and the company rebuild again.
what is this situation known as?

restructuring of loans by taking credit from banks or other institutions is known .

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Alby ltd. is going through a severe financial crisis. it needs to either file for bankruptcy or rest...

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