Trend | Range | |
---|---|---|
Better risks | -5% to -10% | |
Poor risks | Flat to +10% |
The trade credit market is softening. Given the lack of forecasted COVID-19 losses, rates are dropping on average of 5% to 10% and in some cases more for pristine deals.
The tsunami of pandemic-related losses never arrived.
Key carriers have exited the trade credit marketplace.
The collapse of Greensill Capital will impact monetization programs.
Conditions are improving.
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