Burned euro companies favour bonds over loans

Newswire

* European firms shift to 70:30 bond/loan funding mix * Banks seen playing limited role over next 12-18 months * Newcomers seeking ways to access bond market By Natalie Harrison LONDON, June 23 (Reuters) - European companies' flirtation with the bond market has all the ingredients to turn into a long-term partnership, with firms still scornful of the sudden withdrawal of cash support by banks in 2008. Corporate treasurers across Europe have steadily shifted the average mix of their ...

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