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30Jan

European Debt and Equity Markets Resilient in Face of Turbulent Year

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
Source Url: https://www.jdsupra.com/legalnews/european-debt-and-equity-markets-4097966/

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