Dove sei Italia? Corporate bond party rocks, but key country missing

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By Jon Hay, Mike Turner
08 Apr 2020

The vigorous revival of Europe's corporate bond new issue market, after it was paralysed by the coronavirus crisis in March, has impressed even those who work in the heart of it. But as the range of companies that has accessed the market grows, one group remains absent: Italian firms. The first few may need to pay up a little, but the market is ready for them, bankers said this week.

Italian issuers are one of the last pieces of the puzzle that would complete the European corporate bond market’s rehabilitation after the market calamity in mid-March when global assets sold off heavily as the virus tightened its chokehold on the West. 

The progression of issuers from single-A and double-A rated ...

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