Look for regional contacts in workout/credit resolution and ABL. ABL contacts would likely be in major metros where the sponsor was located whereas workout would be more local to the actual business
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1. Workout is the group of bankers that would handle the banks exposure to deals they want to exit. It’d probably be harder to find contacts because they won’t really be market facing. 2. Correct - I’d look for ABL contacts in NYC if sponsor is in Greenwich.
Yeah I’m not well connected because I’m young the contacts I do have don’t have the clout and confidence to reach out. Just so I’m on your page: workout is ibankers or commercial bankers ie ar bofa
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Commercial bankers. I think banks would be happy to know there is market interest in their collateral and put you in contact with the right person.
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