That will mean persuading potential investors and lenders that it can survive and prosper.
A deal with Turner, he said, may persuade private lenders and sponsors to make commitments.
As the Indonesia economy worsens, Government officials embarked yesterday on a campaign aimed at persuading international lenders to repackage up to $9 billion of debt.
A6 Indonesia Seeks Investors Indonesia embarked on a campaign aimed at persuading international lenders to repackage up to $9 billion of the country's debt.
The trick, say managers, is to learn how to persuade lenders and to know which are more likely to say yes.
In New York, he said, the talks persuaded lenders not to push the company into bankruptcy until a formula for resolving the financial problems was in sight.
One banker involved in persuading lenders to accept the restructuring plan said he was impressed by United's decision not to jump into a Chapter 11 filing.
For Greece, it's another day of attempting to persuade international lenders to disgorge the next chunk of bailout cash.
But the banks must now persuade other lenders to go along, and several hurdles remain to be cleared with Mr. Trump himself.
Yet Administration officials said they were unsure whether the bailout plan would persuade private investors and lenders to resume lending to the South Koreans.