1. Bonds come of age for companies.
- Author
-
White, Sarah
- Subjects
EUROBOND market ,CORPORATE bonds ,COMMERCIAL loans ,CORPORATE finance ,BANKING industry ,GLOBAL Financial Crisis, 2008-2009 - Abstract
The article deals with the recovery of the corporate bond market in Europe following a global financial crisis from 2008 to 2009. It was noted that the corporate bond market managed to catch up with the loan sector that supports the financing strategies of companies. Wayne Hiley, corporate syndicate head at Barclays Capital, states the development of credit as an asset class in 2009 and as a substitute to equities and property. Eirik Winter, debt capital market head at Citi, explains the structural reform that occurred between bank and bond financing.
- Published
- 2010