New cov-dotcom player adds to HY game

By Victor Jimenez
08 Jun 2017

The cottage industry of firms providing European high yield fund managers with digital bond terms databases is growing. Street Dilligence has joined DebtExplain, Dealogic and CreditSights. Each aims to make investors wiser and better able to make quick investment decisions. High yield bankers have predictably been less enthusiastic about their rise, even though the firms claim there are benefits for them, too.

Street Diligence, the New York-based fintech company, unveiled its online service for deal analytics and instant comparability of covenants on Monday. It is called High Yield Screener, and already features European high yield debt issues on demand.

Its founder, Stephen Hazelton, told GlobalCapital that an exclusive European platform with full ...

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