Market ready for more after O-I and Duerr
At least two issuers are set to hit the European high yield market this week following heavily oversubscribed deals for O-I European and Duerr, which raised Eu500m and Eu150m last week. They highlight the strong demand for European high yield paper. But while demand is there, bankers complain that the pipeline in Europe remains empty. On Friday, EuroWeek will take a closer look at the issuance calendar.
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