Covid spikes to force equity raisers to come back for more

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By Sam Kerr
24 Sep 2020

Equity capital markets investors are likely to face a stream of companies asking them for fresh capital to get them through the second wave of the Covid-19 pandemic, as cases spike again in continental Europe and the UK, writes Sam Kerr. Some will be asking for the second time — or very late.

For the time being, leading fund managers remain open to investing. But companies in the sectors worst afflicted by lockdown measures — such as hotels, leisure, events, travel and retail — will nevertheless face a tough struggle setting out their business plans and convincing investors to take a risk on ...

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