Analysis: Money market woes cast shadow over $1.6 trln UK commercial property sector
Collection Industry News
OCTOBER 21, 2022
have pushed major refinancing beyond an expected mid-2023 peak in Bank of England’s benchmark rate, earnings statements show. “Given the likely number of those impacted, and the level at which rates are projected to rise, lenders may be forced to agree covenant waivers in an attempt to stabilise loan books,” he told Reuters.
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