New dawn promised after 2012 loan storm

Corporate treasurers with weak constitutions look away now: you are going to have to pay more for your credit facilities in 2012. While banks struggle to raise funds affordably and face regulation requiring them to hold more capital, the liquidity available to borrowers through syndicated loans will be more difficult to access, and costlier, than ever. But at least loans are becoming a healthier funding product as a result, says Nina Flitman.