GCC firms may look east to plug funding gap
Borrowers in the Gulf Cooperation Council are likely to come to rely more on Asian and regional lenders if a funding gap caused by deleveraging European banks occurs, said Moody’s in a report issued on Monday. But European bankers have warned that GCC firms must follow the pricing lead shown by Russian names if they want to continue attracting syndicated loans.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: