Europcar shrinks struggling bond, widens yield to 14%
Europcar today reduced the size of its high yield bond and raised the yield guidance to 14%, hoping to complete the issue, which it failed to price as it had planned on Thursday.
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