PIK notes to return to European high yield
Wind Telecomunicazioni, the Italian mobile phone operator, hopes to sell a Eu500m payment in kind (PIK) note, the first in Europe since the credit crunch, by the end of this week.
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
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast
