Bankers unpick chances of summer shutdown for IG corporates

By Mike Turner
06 Jul 2020

Europe’s high grade bond bankers are split over the severity of the summer shutdown. Some expect the traditional deal lull while others think the coronavirus pandemic will mean a busy market.

Deal flow usually falls to a minimum in August as investors head off on summer holidays. Deals can still be done, though they will generally be smaller and active borrowers tend to be those with a dedicated following, to make execution as easy as possible.

“This year,” said one ...

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