European corporates scramble for alternative credit sources

Credit lines with traditional bank counterparties exhausted since dollar rally against euro

Alternative credit

Some European corporates are searching for new sources of credit and looking to lock in protection against future currency movements, having exhausted their existing credit lines with traditional banking counterparties.

“We monitor our financial counterparty credit risk every day, and the dollar situation has stretched our credit limits,” says Urs Berger, assistant treasurer at Takeda, a Japanese multinational pharmaceutical company, based in Switzerland.

The challenge has been particularly

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free registration? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here