January 14, 2021
Fertile Ground: Capital Markets Look Good for Growing Tech Companies
Bank of the West/BNP Paribas sees inviting conditions for young companies raising capital in 2021.Capital markets bounced back strongly in the second half of 2020, with soaring levels of convertible bond deals and a healthy climate for IPOs and high-yield bonds. Favorable conditions will continue to benefit emerging technology companies this year, according to Bank of the West/BNP Paribas, sponsor of the fall meeting of the Tech20 High-Growth Treasurers’ Peer Group. Highlights:Low high-yields. Volatility due to political tensions and a…