Rallying market brings clutch of HY trades

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Rallying market brings clutch of HY trades

Norway rigs
Gulen, Norway 20170904. Labor Party's Prime Minister Jonas Gahr Stoere is flying a helicopter over Skipavik Naeringspark in Gulen, where many oil rigs are layed up. Photo: Marit Hommedal / NTB scanpix | Hommedal, Marit/Press Association Images

After Monday’s partial holiday across Europe, strong market conditions gave several high yield issuers confidence to press ahead with new issues on Tuesday. The new issue pipeline cuts across credit quality and use of proceeds, giving investors options from IG-style refis to single-B M&A trades.

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