歐洲公司日益被迫轉(zhuǎn)向美元市場(chǎng)籌資，因?yàn)樾刨J緊縮使它們實(shí)際上不可能在以歐元計(jì)價(jià)的市場(chǎng)上發(fā)行債券。
European companies are increasingly being forced to turn to the dollar markets to raise funding as the credit crunch leaves it virtually impossible for them to launch deals in the euro-denominated market.
據(jù)Dealogic稱，這兩個(gè)市場(chǎng)形成了前所未有的鮮明反差，1月份，美國(guó)投資級(jí)別的債券發(fā)行達(dá)到了創(chuàng)紀(jì)錄高點(diǎn)，歐洲卻下滑至創(chuàng)紀(jì)錄低點(diǎn)。
The contrast between the two markets could not be more dramatic with US investment grade issuance hitting a record high for a January, while Europe slumped to a record low, according to Dealogic.
這一趨勢(shì)引人注目，因?yàn)樗砻餍刨J緊縮已開始影響公司的融資計(jì)劃，不只是高杠桿領(lǐng)域，也影響到主流投資級(jí)別領(lǐng)域。這種趨勢(shì)也讓人對(duì)歐洲公司債券市場(chǎng)挑戰(zhàn)美國(guó)的能力重新產(chǎn)生了懷疑。
The trend is striking since it shows that the credit crunch is starting to affect the financing plans of companies, not just in the highly leveraged sector but in the mainstream investment grade arena as well. It also casts fresh doubt on the ability of the European corporate bond market to ever challenge the US.
英國(guó)《金融時(shí)報(bào)》邁克爾?麥肯茲(Michael Mackenzie)紐約補(bǔ)充報(bào)道
Additional reporting by Michael Mackenzie in New York
European companies are increasingly being forced to turn to the dollar markets to raise funding as the credit crunch leaves it virtually impossible for them to launch deals in the euro-denominated market.
據(jù)Dealogic稱，這兩個(gè)市場(chǎng)形成了前所未有的鮮明反差，1月份，美國(guó)投資級(jí)別的債券發(fā)行達(dá)到了創(chuàng)紀(jì)錄高點(diǎn)，歐洲卻下滑至創(chuàng)紀(jì)錄低點(diǎn)。
The contrast between the two markets could not be more dramatic with US investment grade issuance hitting a record high for a January, while Europe slumped to a record low, according to Dealogic.
這一趨勢(shì)引人注目，因?yàn)樗砻餍刨J緊縮已開始影響公司的融資計(jì)劃，不只是高杠桿領(lǐng)域，也影響到主流投資級(jí)別領(lǐng)域。這種趨勢(shì)也讓人對(duì)歐洲公司債券市場(chǎng)挑戰(zhàn)美國(guó)的能力重新產(chǎn)生了懷疑。
The trend is striking since it shows that the credit crunch is starting to affect the financing plans of companies, not just in the highly leveraged sector but in the mainstream investment grade arena as well. It also casts fresh doubt on the ability of the European corporate bond market to ever challenge the US.
英國(guó)《金融時(shí)報(bào)》邁克爾?麥肯茲(Michael Mackenzie)紐約補(bǔ)充報(bào)道
Additional reporting by Michael Mackenzie in New York