Whirlpool hung out with the washing, M&A uncertainty forces Innogy to pay up
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Corporate Bonds

Whirlpool hung out with the washing, M&A uncertainty forces Innogy to pay up

Broken Washing Machine

On Wednesday, US electrical appliance manufacturer Whirlpool became the second investment grade corporate borrower to pull a deal in a week. German energy company Innogy and Whirlpool both found the corporate bond market tough going on Wednesday, despite having employed two-day marketing strategies. Whirlpool, however, took the hardest hit.

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