Investors keen on sterling HY despite Brexit angst

rock climbing
By Victor Jimenez
30 May 2017

The European high yield market roadshowed more than £2bn of new sterling bonds from two issuers this week, both with single-B ratings and from industries investors watch with caution.

“I’m not complaining about the high quality of the deals we’re having so far this year, mostly double-B bonds, but I do need some extra returns and that means getting on riskier paper,” said a European high yield fund manager who was looking at the sterling deals in ...

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