Equity-linked stays in fashion with Neopost, ITV
The equity-linked market has overcome last week’s hiccup, allowing mail equipment firm Neopost and broadcaster ITV to price convertible bonds at tight levels, raising Eu261m and £135m respectively. Neopost signals that appetite is back for unrated issuers, after FCC was forced to reprice its convertible last week. Will unrated issuers stay popular? Turn to EuroWeek on Friday.
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