When these loans became illiquid, and the firm had no ability to pay back its creditors, Lehman Brothers experienced a credit crunch; it could no longer cheaply raise cash
via debt issuance, and issuing stock under such conditions led to both dilution of shares and negative sentiment, which caused its share price to fall.
Not exact matches
Part of the challenge was meeting Moroccan transaction requirements while putting in place international financing techniques to ensure successful syndication of the
debt issuance (the funds were raised
via a three - tranche loan denominated in dollars and euros).
Securities law encompasses numerous regulations and procedures that, in the absence of dedicated legal expertise, will frustrate any enterprise that hopes to syndicate its business
via the
issuance of equity or
debt.