ANALYSIS – Struggling funds stare at European businesses as virus support programs ease – Nasdaq
By Abhinav Ramnarayan, Clara Denina and Chibuike Oguh
LONDON / NEW YORK, August 28 (Reuters) – Funds that buy debt securities that companies are no longer able to repay are preparing to deploy their large cash reserves in Europe, betting that the easing of the government’s extensive economic support programs will lead to a resumption of corporate restructuring. companies.
Central bank bond…
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