The largest private equity firm in the Nordics takes steps to stave off cash crunch
European private equity firms are preparing their portfolios for a potential liquidity crunch as the impact of the coronavirus roils markets and threatens global growth, people with knowledge of the matter said.
BY Jan-Henrik Förster, Love Liman and Benjamin Robertson / BLOOMBERG
Sweden-based EQT AB and Permira have urged some companies they own to draw down credit facilities to prevent shortfalls of working capital if economic prospects worsen, according to the people.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Multi-billion manager now fears a global credit crunch
For subscribers
Lack of liquidity hits Danish mortgage bonds
For subscribers
