Market violence to make blocks painful for forced sellers
The crash in share prices as the coronavirus pandemic has gathered pace is soon likely going to force some sellers to execute equity block trades to cover loans secured against stock, or just to access capital quickly. But these sellers are going to have to stomach heavy discounts to get the liquidity required to execute trades, as one company proved on Monday night.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: