High yield bond volumes reach for record as trio line up deals
Iron Mountain, Bormioli and Constellium revved up the engines of the European high yield market with new deals announced on Tuesday that pushed overall issuance so far this year closer to 2014’s all-time €84bn high.
After the busiest week in Europe’s high yield market since July 2015, according to JP Morgan, Tuesday’s deal pipeline added €1bn of euro and sterling bond offerings.Last week, high yield bond sales in the primary market crossed the €80bn mark to €82bn so far in ...
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