European PIK issues to weaken in quality, Moody's warns
European payment-in-kind bond issues are likely to become riskier investments in 2014, Moody’s warns in a new report, as weaker companies seek to issue PIKs.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast
