Lenders hope virus won't cancel Q2 resurgence
Europe's high grade loan bankers are expecting better things from the second quarter of the year, citing the resolution of a handful of macro events. But the rise of the Covid-19 coronavirus is hammering markets again on Wednesday, which has the potential to put companies off raising loan debt until the second half of the year.
Lenders have had a dire start to the year. Volumes are dragging along at decade lows across the EMEA loan markets. But senior bankers are confident that a turnaround is on the horizon."A lot of the major things that were keeping clients out of the market have ...
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