Euro high yield market not ready to step up for rescue finance

helicopter coronavirus rescue PA 575x375
By Owen Sanderson
14 May 2020

While the US high yield market has delivered a deluge of secured rescue bonds to bail out airlines, cruise lines, car rental firms, hotels and other "zero revenue" virus casualties, European high yield has stayed sedate, cautious, and stuck to the safest sectors. Can the European bond market rise to rescue financing?

US high yield markets have provided a stream of financing to some of the hardest hit companies reeling from the impact of coronavirus, widening into a torrent this week with bonds to fund live entertainment, casinos, airlines, car rentals and cruise lines.

Some of these bonds have been ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.