It would then use that as collateral to raise $150 million in cash on the domestic and international markets.

Cash rich buyers have the resources available to make the purchased company's growth much greater than otherwise would be available by raising capital on the markets.

I think we've just found out what Tye did with all that cash he raised on the markets a few weeks ago,' he said.

Crown Agents' responsibilities on behalf of colonial governments included accounting for Treasury grants, purchasing supplies, recruiting certain staff and raising capital on the markets.

They said that the increasing costs of raising money on the financial markets was forcing up the price of lending to large companies.

Russia conducted its first international debt sale since 1998 in April 2010, raising $5.5bn on the international markets.

With political support, the only questions concern raising finance on the international markets.

"Even private companies will be able to raise capital on the markets," said James Liu, executive vice president of the Shanghai Stock Exchange.

There is no provision in the United Nations Charter to raise money on the financial markets.

The proposed European stabilisation mechanism itself raised new questions on the financial markets and the existing Financial Stability Mechanism is now regarded as insufficient.