Virus makes high grade corporates splutter

Mike Turner

February 24, 2020 03:45 pm

Italy Milan coronavirus masks from PA taken and downloaded 24Jan20 575x375 — People wearing masks in Piazza Duomo, in Milan, after coronavirus outbreak in Italy, on February 24, 2020. Photo by IPA/ABACAPRESS.COM | IPA/ABACA/ABACA/PA Images

The rise of the Covid-19 coronavirus in Italy has tapped the brakes on the zooming high grade corporate bond primary market. Concerns over the spread of the illness have sent corporate spreads wider and rates tighter.

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Topics

Health and Biotech SRI Corporate Bonds High grade and crossover bonds

MT

Mike Turner

Corporate Debt Editor