News Today
May 28th, 2010
The release from Reuters of a dramatic fall-off in IPO’s and re financings is a negative for cost of capital.
Although deals are being done, the drop effects most companies given the widening of credit spreads. Most net borrowing entities have significantly strengthened their balance sheets over the past year and a quarter, although they are continually dependent on debt and equity markets. Such firms remain especially vulnerable
Categories: General
