A burst of energy (TT Oct08 p24-26)
The Treasurer October 2008
There has been a flurry of new deals launched over recent months in the schuldschein (German loan instrument) market, with investors in the enviable position of being able to pick and choose. The preference for German deals is clearly being asserted. However, for non-German borrowers that meet investors’ criteria for credit ratings and pricing, schuldscheine can make a useful contribution to funding diversification.
