All material subject to strictly enforced copyright laws. © 2021 Euromoney Institutional Investor PLC group
Syndicated LoansInvestment Grade Loans

Banks prepare for mass RCF drawdowns despite borrowers' qualms

creditfund_adobe_230x150

The coronavirus crisis is shaking up companies' financing arrangements in the most drastic way since the 2008-9 financial crisis, as firms strive to secure liquidity for what are likely to be many tough months. So far there have been only a few high profile cases of companies drawing down revolving credit facilities, but this is expected to grow, as long-established norms crumble and new patterns emerge.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree