Investors are clamouring for familiar names and better credit quality within the high yield sector as volatile financial markets keep bond buyers nervous about new issues, writes Frances Yoon.
Debut high yield borrower Multipolar tested the market with a $200m five non-call three deal on July 18 and Modernland Realty wrapped up investor meetings last week for a maiden five year bond. But some investors say that amid current volatility they are more interested in buying high
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