1987 – Year of the shrinking market?
Bernt Ljunggren, deputy managing director at Swedish Export Credit (SEK), is used to almost hourly contact with investment bankers soliciting business. In 1986 SEK raised around $2 billion in the international capital markets, excluding refinancing. The total for 1987 will be more or less the same, and Ljunggren expects to be assessing a good number of new ideas.
“We’re coming into an environment where more options and swaps will be used, and with the liberalisation of the markets, there are more American banks setting up capital markets operations.’
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