Deutsche Bank delays repayment on $1.25 billion of debt as coronavirus hits market – Reuters

“If the market conditions persist like this, we may start seeing bank treasurers start to look at this option more and more,” said Filippo Alloatti, senior credit analyst at Federated Hermes. “I don’t love it as an investor, but as long as there an economic justification for this and the chain of reasoning is clear, we can live with it.”

READ  Technology negative earnings market cap $1Trillion!
READ  One of two Brazilian coronavirus variants has been detected in the UK, a leading British virologist has said.

This reasoning wouldn’t have been used for ordinary people foreclosing on their mortgages.