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Journalists walk inside a destroyed warehouse for storing food, after an attack from Russia twelve days ago in Brovary, on the outskirts of Kyiv, Ukraine. (AP Photo/Rodrigo Abd)
4 min read Last Updated : Apr 03 2022 | 6:43 AM IST
At least a hundred companies worldwide have delayed or pulled financing deals worth more than $45 billion since Russia’s invasion of Ukraine.
These include initial public offerings, bonds or loans and acquisitions. U.S. equity market deals were the worst hit by global volatility in the first quarter as a crop of firms postponed listings, while Japanese and European debt markets also suffered from delays.
The disruption comes as the conflict roiled funding markets, hurt investor appetite for risk and increased uncertainty over growth, interest-rate hikes and supply chains. The pulled deals mean the feast in fees that bankers