Love for loans at a five year high, say UK CFOs
Bank borrowing is now more attractive to corporate borrowers than it has been in more than five years. With prices for syndicated loans tumbling and lenders’ appetites increasing, more than two-thirds of UK chief financial officers surveyed by Deloitte last quarter said that they thought bank borrowing was either very or somewhat attractive as a source of external funding for UK corporates.
A net balance of 53% of CFOs found bank borrowing to be an attractive source of external funding over the first quarter of 2013, up from a net balance of 41% in the last quarter of 2012.
The last time CFOs were so positive about the loan market
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.