Consolidated Minerals last to print before Easter lull

After March’s record issuance of Eu7.2bn worth of European high yield bonds and April’s influx of small deals over the past few weeks, even the busy sub-investment grade market has slowed down between the holidays. The last European deal still in the market before Easter, Consolidated Minerals’ $405m (Eu278m) five year bond, priced last Thursday in line with 9% yield guidance.