Something quite remarkable is occurring within the UK’s corporate landscape. Companies are discovering that long-term equity investors are an important partner in times of stress and have a crucial role in facilitating corporate recovery and unlocking sources of finance.
The global deleveraging of the financial sector posed complex questions for markets: what is an adequate amount of capital for today’s banks? For corporate survivors of previous economic cycles, at what stage does a debt covenant become a problem?

FTFM 

