Crunch time coming as corporates across Europe prep results

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By Mike Turner
03 Jul 2020

Early September will set the tone for Europe's high grade corporate debt markets, said bankers this week, as only then will the full effects of the coronavirus pandemic be apparent in corporate earnings, and the direction of investment plans be clearer.

The first round of panic funding is over in Europe’s investment grade loan and bond markets, with some companies, such as BP, having issued bonds to refinance crisis loans taken out in March and April, in the depths of the pandemic shock.

“Now we have to wait until the ...

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