Adecco agrees dollar cap as lenders’ funding woes continue

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Adecco agrees dollar cap as lenders’ funding woes continue

European bank lenders are coming up with increasingly creative solutions to ease their dollar financing problems, but not all corporate treasurers are happy at the proposals. Borrowers across the region are being asked to pay a premium for their dollar funding or to change the denomination of their funding. But bankers are finding that companies are not particularly sympathetic to their dollar financing woes.

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