Dürr turns to HY bonds in quest to break free from loans

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

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Dürr turns to HY bonds in quest to break free from loans

Dürr, a German maker of products for car manufacturing, tapped investors in a heavily oversubscribed Eu150m deal on Monday. It signals how a number of small and mid-sized companies are turning to the high yield market as they try to free themselves from bank lending.

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