Get funding done: it’s a windows market

Action (time for)
By Bill Thornhill
16 Jun 2020

Recent events have neatly illustrated the fickle state of market sentiment and suggest that a broad spectrum of borrowers in the corporate and bank finance markets should not waste time in getting their most difficult or important deals done while the window remains open.

By Monday June 8, the Dow Jones index had recovered more than 80% of the losses that were sustained from mid-February’s peak as fears over the coronavirus pandemic sparked a market meltdown.

After global central banks announced a series of sweeping unconventional measures, credit indices ratcheted ...

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