Tidal wave of high yield deals on the horizon after investors flood LyondellBasell, Matalan, Abengoa

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Tidal wave of high yield deals on the horizon after investors flood LyondellBasell, Matalan, Abengoa

High yield bonds for a mixed bag of issuers, including UK clothing store Matalan, bankrupt chemical firm LyondellBasell and unrated Spanish engineering and renewable energy group Abengoa, drew a rapturous response from investors this week after a muted six weeks for the market in Europe.

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