While the equity markets appear to have returned to life, the debt markets continue to face harder times. Significant increases in bank funding costs are translating into significant spread increases for cusĀtomers, though the drops in base interest rates mean that all this still does not necessarily mean higher all-in borrowing costs. More important than rate increases have been rising bank standards, which have forced less established companies without existing bankĀing relationships to look harder for capital.
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Tags: · Anthony Zolotas, Dekabank Deutsche Girozentrale, Deutsche Schiffsbank, Eurofin, Fortis, Jiangsu Rongsheng Heavy Industries, Kiran Holdings, Lloyds TSB, Nanjing Wujiazui Shipbuilding, RBS
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