TeamSystem tempts high yield floater buyers

Victor Jimenez

March 19, 2018 02:00 pm

Cloud — Cloud computing service concept - connect to cloud. Businessman offering cloud computing service represented by icon. Wide banner composition and bokeh in background. | Jakub Jirsak/Jakub Jirsk - Fotolia

Italian business software vendor TeamSystem returned to the public bond market to refinance a floating rate note it placed privately in 2016, as high yield fund managers increase their demand for floating rate debt this year.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

Italy JP Morgan UBS EMEA Corporate Bonds High yield Morgan Stanley Loans and High Yield LevFin High Yield Bonds LevFin Europe UniCredit Private Equity HSBC Goldman Sachs

VJ

Victor Jimenez