There will likely be a lot less exit financing in 2009, according to experts. At The Deal's Distressed Investing Conference David Gozdecki of GE Commercial Finance-National Restructuring Practice and Kevin Philips, Bank of America Corp./Merrill Lynch & Co., and Tiffany Kosch of Bayside Capital explain that the market is not completely dead, but there is more pressure to find the right opportunities. With that in mind lenders are looking at more opportunities in offensive DIP financing.
