Euromoney spent much of this summer talking to issuers, investors and intermediaries about conditions in the large and growing private equity capital market that has continued to supply funding to growth companies, even as the public primary markets, notably for initial public offerings, closed down.
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Issuing pure common equity is tough though.
“I would say it’s not just difficult,” the head of one payments fintech told Euromoney. “If you don’t have strategic investors to turn to, it’s almost impossible.
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