Man United wrangles drag on as HY pipeline builds
A round of high yield issue roadshows this week afforded investors a brief pause ahead of another expected flurry of deals. Kerling, a subsidiary of UK chemicals group Ineos and Italian directories company Seat Pagine Gialle are meeting investors, while Manchester United is pressing on with talks on a potential bond. But with many investors in Europe already saying they will not participate in the latter, based on the mooted price and structure of the deal, the football club still has a lot of convincing to do before its deal kicks off. Get the latest reactions on Manchester United’s controversial bond plans in EuroWeek on Friday.
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