Europcar’s €335m deal held up as existing note prices suggest investors doubt success
French car rental company Europcar was expected to launch a €335m high yield bond on Thursday, but as EuroWeek went to press in the evening, the deal had not appeared. Bankers away from the deal suggested secondary market prices were indicating investors doubted the deal would happen.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts