PP agents flirt with financials as corporate deals dry up

Banks arranging private placements in Europe have started weighing up bringing companies from the financial sector to market, amid a deal drought from the corporate borrowers which are the usual staple fare.
Barclays, NatWest Markets and Lloyds among others are discussing whether financial firms in Europe could tap the private placement market, according to market sources.
“The hit rate [in the financial sector] will be low but you can generate deal flow by targeting the sector – after all, European ...Already a subscriber? Login