"The market completely turned in September and October. Terms changed. It became a buyer's market. Yields increased and covenants got tighter."--David Kerr, senior v.p. of COMSYS, on why it withdrew from a $150 million private offering of senior notes in favor of a proposed $230 million bank deal.
"The market completely turned in September and October. Terms changed. It became a buyer's market. Yields increased and covenants got tighter."
