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Corporate Bonds

High yield issuers not bothered by chill in the air

Cold chill windy weather from Alamy 230x150

Softness in risk asset markets has not choked off the flow of new high yield issues in Europe, though there are no investment grade new issues on Wednesday, a French holiday. Virgin Media is holding investor calls today for a new $825m and £300m senior secured issue, rated Ba3/BB-/BB+.

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