Blue skies



The subprime crisis has caused major headaches for some corporate treasurers. Liquidity in large swaths of the credit markets has dried up, spreads have widened and loan covenants have become stricter. Following a surfeit of liquidity for much of the decade, borrowing conditions have tightened dramatically since August last year.

The evaporation of liquidity has had a knock-on effect on the capital markets, restricting access to financing for some companies in certain regions. In Europe, for ins

To continue reading...

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 indvidual account here: