#Latest news with #BarryTudorBloomberg28-05-2025BusinessBloombergThe $135 Billion Bond Market Luring Issuers Too Risky for BanksOil and coal issuers struggling to get bank loans are increasingly turning to a little-known corner of the bond market hidden away in one of the planet's greenest economic zones. When Australia-based Pembroke Resources experienced 'a gap in funding' earlier this year, the specialist in steelmaking coal turned to the €120 billion ($135 billion) Nordic corporate bond market where it successfully raised debt, Chief Executive Officer Barry Tudor said in an interview.
Bloomberg28-05-2025BusinessBloombergThe $135 Billion Bond Market Luring Issuers Too Risky for BanksOil and coal issuers struggling to get bank loans are increasingly turning to a little-known corner of the bond market hidden away in one of the planet's greenest economic zones. When Australia-based Pembroke Resources experienced 'a gap in funding' earlier this year, the specialist in steelmaking coal turned to the €120 billion ($135 billion) Nordic corporate bond market where it successfully raised debt, Chief Executive Officer Barry Tudor said in an interview.