February 16, 2010 at 12:59 PM EST
Moody’s sees bumpy road ahead for junk-bond-financed EMEA companies
The fundamentals are unchanged for growth of the EMEA high-yield bond market – but current market turmoil shows the road will be bumpy, according to Moody’s. Highlights from Moody’s Special Comment. (Premium): The fundamental drivers for increasing bank disintermediation remain intact, despite the current turmoil in the capital markets and the apparent recovery of bank risk appetite. [...]
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