Corporates in race for fast cash as banks push for reg relaxation

Aidan Gregory,

Owen Sanderson, Sam Kerr

March 26, 2020 01:15 pm

A sign asking people not to use the London Underground network unless their journey is 'absolutely essential' stands in the concourse of Blackfriars station in London, England, on March 25, 2020. New measures were today brought in on the tube to combat the spread of coronavirus infections, with queues introduced at ticket gates and and some escalators turned off to slow the flow of passengers to platforms. The network itself has been massively scaled back, with 40 stations closed and train services reduced in frequency. Around a largely shut-down country the covid-19 coronavirus meanwhile continues to spread anxiety and disruption, with lockdown conditions imposed Monday night by British Prime Minister Boris Johnson now in their second day. It was announced today that Prince Charles, the 71-year-old heir to the British throne, has tested positive for the coronavirus and has 'mild symptoms'. A total of 468 people have now died after testing positive for the coronavirus in the UK. (Photo by David Cliff/NurPhoto) | David Cliff/NurPhoto/PA Images

European corporates facing months of operational lockdown in the face of the coronavirus pandemic are turning to equity capital markets to secure their survival. But they need to be quick about it with markets so volatile, meaning banks are exploring how to get them in and out of the market without putting them through the long, arduous process of a rights issue.

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Topics

Regulation Health and Biotech Equity UK EMEA People and Markets Top Stories Coronavirus News content ABBs-Block Trades Europe Follow-ons and Rights issues SRI Equity People and Markets

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Aidan Gregory

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Owen Sanderson

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Sam Kerr