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LevFinLevFin High Yield Bonds

Grexit fears worsen HY nerves but Arcelor raises comeback hopes


European high yield new issuance for 2015 began on Thursday with a successful €750m deal for ArcelorMittal. The company is a fallen investment grade angel rather than a classic high yield issuer, but nevertheless it has encouraged bankers to think high yield's long drought can be slaked.

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