Sunrise and ATU keep high yield supply coming
Swiss telco Sunrise Communications Holdings will price a Sfr1.475bn high yield bond on Friday while car parts retailer ATU Auto-Teile-Unger is set to close a Eu450m offer later this week, giving high yield investors plenty of opportunities to put their cash to work. The Sunrise deal will back a Sfr3.3bn leveraged buy out –– the largest to date in Switzerland. Read EuroWeek on Friday for the latest on all deals in the market.
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