Levfin leaves qualms about coronavirus to IG wimps
Carnage in Chinese stock markets apparently has little read-across to European speculative grade credit. Leveraged loan and high yield markets are still wide open, meaning issuers that can refinance are well advised to do so.
In bonds, VodafoneZiggo announced a €1.36bn unsecured deal on Wednesday, joining Fedrigoni, Amplifon, Q-Park and Sarens in marketing deals. Banijay Group and Isabel Marent, which announced deals last week, are set to price them imminently.In loans, repricing and refinancings are still running, with Sector Alarm, Befesa, Aenova, Scenic ...
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