European Financial Crisis

The European Financial Crisis and U.S. Financing Opportunities The European financial crisis has sent jitters around the world. For corporate financial managers in the United States the crisis raises questions about the availability of credit for mergers and acquisitions, operating lines and other purposes. So far it appears that credit availability is good for firms with strong financials, though companies with marginal strength are still having difficulties securing loans. Some signs of financial stress have been pushed upward, but by a surprisingly small magnitude. To gauge this, the following table shows various indicators of financial stress. The first column numbers … Read more