Crisis boosts corporate bond issues in Hungary
The outstanding stock of bonds issued by Hungarian companies has risen by HUF 230 billion to more than HUF 550 billion since 2008, showing a growing interest in the issue of debt rather than borrowing since the start of the crisis, a fresh analysis by BILLIONP Paribas shows.
Hungarian companies turned to the domestic capital markets because of the high cost of borrowing and the risky environment, said BILLIONP Paribas managing director for corporate and transaction financing Edit Sziraki.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.