However, it is unlikely the business, which had been up for sale and attempting to raise new capital for some time, will continue as a going concern. (afr.com)
But with banks still reluctant to lend, and firms having trimmed their equity partner numbers throughout the downturn, the prospect of easily raising new capital is diminished. (amlawdaily.typepad.com)
While the company raised new capital in May for some breathing room, Fitch and Moody's actually cut their ratings for the company in July. (businessinsider.com)