Leader: A quiet loans revolution
For months, bankers in the European loan market have been desperately scanning the horizon for the signs of a deal failing. They have been pinning their hopes on such an event to move pricing in the investment grade market back to realistic, sustainable levels — in line with, or at the very least closer to, their own funding costs. For too long, they complain, borrowers have been able to call the pricing shots.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: