City partners hope for revival in capital markets after Greek bailout
City capital markets partners are optimistic that last week's €109bn (£96bn) Greek bailout will help increase deal activity in Europe's markets. The package, agreed little more than a year after an initial bailout last May, saw the heads of 17 eurozone governments agree a funding package that will also see private lenders asked to contribute, as well as including measures to cut debt interest rates for Greece, Ireland and Portugal.
July 27, 2011 at 07:02 PM
2 minute read
City capital markets partners are optimistic that last week's €109bn (£96bn) Greek bailout will help increase deal activity in Europe's markets.
The package, agreed little more than a year after an initial bailout last May, saw the heads of 17 eurozone governments agree a funding package that will also see private lenders asked to contribute, as well as including measures to cut debt interest rates for Greece, Ireland and Portugal.
Partners expect that the bailout, which also includes options to extend Greece's repayment terms, will have a positive impact on debt capital markets (DCM) activity where volumes have been severely impacted by economic uncertainty in the eurozone.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Trending Stories
- 1The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 2Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'
- 3'That's Disappointing': Only 11% of MDL Appointments Went to Attorneys of Color in 2023
- 4What We Know About the Kentucky Judge Killed in His Chambers
- 5'I'm Staying Everything': Texas Bankruptcy Judge Halts Talc Trials Against J&J
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250