The banking industry tried to turn a dying textile giant into its debt restructuring poster child. Here’s what happened.

Four years ago, a consortium of banks led by HBL came together to revive rather than rip apart a major textile manufacturing company that owed them money. The numbers say they made a mistake. What can they learn from it? The post The banking industry tried to turn a dying textile giant into its debt restructuring poster child. Here’s what happened. appeared first on Profit by Pakistan Today.