European Debt and Equity Markets Resilient in Face of Turbulent Year
By EsqSocial Corporation 29/01/21
The European debt and equity markets shrugged off the impact of a nearly total shutdown due to COVID-19 at the end of the first quarter of 2020 to rebound with strong performances in the second half of the year. As activity resumed in the late spring, a number of key trends emerged, involving covenant flexibility in high-yield bonds as well as resilient equity markets in the face of both COVID-19 and the impact of pending Brexit regulation....
By: Skadden, Arps, Slate, Meagher & Flom LLP