Ardagh, Schaeffler dare high yield with €4bn PIK deals

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Ardagh, Schaeffler dare high yield with €4bn PIK deals

Victor Jimenez
September 08, 2016 05:00 PM
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Two of the most familiar names in the high yield borrower base on Wednesday launched a splash of payment-in-kind notes, a rare structure which has constituted only €570m of sales this year.

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