Global head of debt capital markets and acquisition finance, HSBC
The sovereign debt crisis in Europe has all but closed the debt capital markets, with new issuance limited to only a few banks. HSBC's global head of debt capital markets, Spencer Lake, talks to Euromoney about what this will mean for European banks and companies, and he discusses what other alternative funding sources will be open to borrowers in the global capital markets.
Access to capital markets for European borrowers
Implications for cost of funding
Funding options in the global capital markets