Historic attitudes favouring globalisation are fundamentally changing....
| 1yr
| 1yr
Historic attitudes favouring globalisation are fundamentally changing....
The firm is now becoming known as a provider of data on the activity in the cross-border corporate borrowing sector. Loans made to corporates totalled US$3.9t in 2014, just ahead of the pre-crisis figure of $3.87t. The authors of the report comment: 'Lack of liquidity in Europe sent borrowers to the deeper US markets. This has led to convergence between both US and European structures and loan and bond documentation across the Atlantic — particularly in the leveraged finance market.' Source: Financial Times
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