Gary Rosenbaum was quoted by CFO.com (October 15) regarding a panel he participated on. Mr. Rosenbaum advised, "If you have a loan facility that's coming due in the next year, do the lap of the smaller universe of potential lenders — and get out early." He noted that "the world of lenders has shrunk," attributing developments such as the increase of big bank mergers and the disappearance of Collateralized Loan Obligations. He said that corporate executives should look at their prior arrangements to find out if the covenants on three-year or five-year credit facilities arranged before the financial crisis are still accurate. Mr. Rosenbaum agreed with other panelists that corporations should work harder to sell themselves as acceptable risks to their bankers. "If you as a borrower can't present a package to your lender that has that kind of necessary detail, it's going to be harder for the lender to get his or her superiors to approve it," he said.