It was only a year ago that investors seeking to take advantage of the downturn by purchasing distressed assets touted Australia as the next big opportunity.
Yet today as other markets continue to languish in negative growth, Australia – the “lucky country” – seems to have successfully dodged the global recession, with all the signs pointing towards economic recovery for the country. Is the worst over for Australia? What does this mean for investors in the Australian distressed debt market? Will we still see a distressed market in 2010 and what position should international investors take? How has this market developed since its inception and where is it headed?
Get the answers to these and and many more questions from leading fund managers, investment banks, domestic banks, as well as lawyers, accountants, financial and operational restructuring specialists at Euromoney Seminars’ 2nd Distressed Investing & Financial Restructuring Australia.