Vaccine hopes riskier groups will gain access to financial markets – Financial Times

Vaccine hopes riskier groups will gain access to financial markets – Financial Times

Low-rated companies have used recent breakthroughs in the Covid-19 vaccine to borrow in a bubbling market, as investors contemplate the prospect of an effective coup improving the financial outlook for riskier borrowers. Firms at the bottom of the rating scale and those whose profits have been decimated by the pandemic have used the dynamic mood […]

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