Taylor Wimpey in £250m sterling test
Taylor Wimpey, the UK building materials group, is testing the sterling market with a £250m issue that marks the company’s high yield debut. It comes at a time when bankers are trying to attract more new entrants to the market. Elsewhere, telecoms supplier Alcatel-Lucent is in the market with a Eu500m deal as Europe’s high yield market shows no signs of slowing. But will all deals cross the finish line? Read EuroWeek on Friday.
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