CABLE CONGRESS 2012 – BRUSSELS. Investors are likely to get more nervous in emerging markets, selling off and moving into safer places in capital structures.
This, in the view of Marisa Drew, managing director, co-head of Global Markets Solutions Group, Credit Suisse, is something that will continue to be true in places such as CEE.
She was responding to a question about the leading Romanian cable and DTH operator RCS&RDS, which delayed a bond issue in early 2010 due to difficult market conditions but has since managed to raise funds from several banks including Credit Suisse.
Speaking in a session entitled Cable’s current and future money, Drew also said that although 2011 had been “a year of two halves”, with the first being very busy and the second difficult, 2012 had begun with the biggest ever amount of money having found its way into the investment community.
