Ziggo up first in high yield frantic fortnight

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Ziggo up first in high yield frantic fortnight

Dutch cable TV operator Ziggo on Thursday kicked off the first leg of a four day roadshow ahead of an expected Eu1.2bn high yield bond to be priced next week. Syndicate bankers are preparing to bring several more new issues, collectively worth up to Eu5bn, in the next fortnight even as the worsening Greek sovereign situation spooks investors.

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