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LONDON : Debt-laden companies across Europe, Middle East and Africa face a $500 billion refinancing scramble in the first half of 2024, a challenge that could kill off many "zombie" businesses even though an expected peak in rates could bring some relief.Businesses facing rising debt costs after years of ....
Debt-laden companies in Europe, the Middle East, and Africa are facing a $500 billion refinancing challenge in the first half of 2024. This could lead to the demise of many "zombie" businesses, despite an expected peak in interest rates offering some relief. The rush to secure cash comes as banks reduce risk ahead of stricter capital rules. Weaker businesses are seeking new loans and debt deals just as government borrowing costs increase globally. Failure to secure affordable funding could result in insolvencies and job losses. ....
A&M expands Debt Advisory Practice in Europe with two Senior Hires alvarezandmarsal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from alvarezandmarsal.com Daily Mail and Mail on Sunday newspapers.
FGI Provides €36MM ABL Facility for Acal BFi streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.