The Blog

Musings on corporate finance, fund raising, debt capital and other matters

The New Normal (...again)

Like most crisis before, this time is completely different and completely the same. But one aspect of the predicament we and the markets find ourselves in is clear already - it is not a crisis of liquidity as was the case in the late 00's. Instead liquidity is plentiful, the question being where will that liquidity find a home in the face of heightened uncertainty and a shifting geopolitical and economic landscape?

Image attribution: QuoteInspector.com
Image attribution: QuoteInspector.com

Move over Omicron: INFLATION is the new buzzword. The threat of inflation looming over central banks has made an already difficult situation that much harder to deal with. Looking back on the past year we can see that much action was centred around driving economic recovery, but now private lenders, banks and governments will need to adapt.

www.journeytothepastblog.com
www.journeytothepastblog.com

Keeping up with tradition, the team at Altimapa has again compiled the list of its choice reading and listening choices for the summer of 2021

In January 2020, Altimapa successfully secured a $5 million international receivables funding facility for Networked Energy Services Corporation (NES) based in California, USA. This facility upon drawdown was used to settle an existing Bank loan and provide working capital for growth.

Image by pixabay.com
Image by pixabay.com

In the past few weeks, the Private Debt market and its participants were a frequent subject to headlines in the business and financial news. Does that mean that this market, now about a decade old in Europe and two decades old in the US, is becoming mainstream?

Source: www.istockphoto.com
Source: www.istockphoto.com

As we have read in the media, there have been a number of very high profile banks announcing that they retreating from the Commodity Trade Finance (CTF) Space, with BNP Paribas, ABN Amro announcing a 6-12 month wind down, SocGen closing the Singapore hub, ING and Rabobank both reviewing. These announcements are merely the acceleration ...