Sep 02, 2020 (LBO) - The Chamber Academy in collaboration with Asia Securities Investment Banking Team is conducting a knowledge-sharing webinar on deploying financial restructuring as a growth strategy on Thursday, 3 September 2020.
Resilient businesses are the engine of Sri Lanka’s economy and will lead the way in driving the country’s growth story. However, Sri Lankan businesses now face several challenges triggered by the economic fallout of the pandemic, as well as years of sub-standard economic growth.
For large- and mid-size businesses, economic recovery will require thoughtful consideration of the company's objectives, shrewd analysis of the market landscape, and a comprehensive understanding of investors' expectations. A focused financial restructuring strategy will help business leaders kickstart growth and spur the nation’s economic recovery.
Companies often do not see financial restructuring as viable tool due to the lack of awareness, unfamiliarity related to legal and regulatory issues surrounding restructuring, inability to raise the required capital to support restructuring, and difficulty in engaging with banks to restructure debt. On that account, this webinar aims to demystify some of the key aspects of a typical financial restructuring exercise, and offer tips to help businesses’ successfully access debt or equity finance.
The eminent speaker panel includes Nandika Buddhipala, CFO, Commercial Bank; Naomal Goonerwardena, Founding Partner, Nithya Partners; Sharini Kulasinghe, Co-Head, Asia Securities Investment Banking; and Murali Prakash, Group Managing Director/CEO, AMBEON Holdings PLC. The session will be moderated by Shamindra Kulamannage, Editor in Chief, Echelon Media.
The webinar will be held on Thursday, 3 September 2020 from 11.00 am to 12.30 noon. To register, please email events@chamber.lk.