European Debt and Equity Markets Resilient in Face of Turbulent Year | Skadden, Arps, Slate, Meagher & Flom LLP
To embed, copy and paste the code into your website or blog: The European debt and equity markets shrugged off the impact of a nearly total shutdown due to COVID-19 at the end of the first quarter of 2020 to rebound with strong performances in the second half of the year. As activity resumed in the late spring, a number of key trends emerged, involving covenant flexibility in high-yield bonds as well as resilient equity markets in the face of both COVID-19 and the impact of pending Brexit regulation. High-Yield Debt: The strong start to 2020 for the European high-yield market, in which bonds ...
Source: jdsupra.com