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LevFinLevFin High Yield Bonds

HY investors gobble up Quick’s unsecured FRN in yield craving

Quick burger - for GC web

In a high yield market with strong pressure on prices, investors are becoming more willing to buy unconventional risk, as shown by Quick’s debut bond issue this week. The Belgian hamburger restaurant chain sold a rare unsecured floating rate note as part of its €595m transaction.

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