IG buyers demand bigger risk premia as Harley tests boundary
Europe’s high-grade corporate bond market this week proved that even the sectors hit the hardest by the pandemic can access funding. But investors are demanding compensation for the extra risk, and that premium is only expected to grow as motorcycle firm Harley-Davidson discovered when it tested the new wides, writes Mike Turner.
This has escalated in the last week, after it emerged that the central ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org