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GC Asia
Czech EP Energy seeks holdco HY debut
Czech energy utility EP Energy launched its first high yield bond through its holding company on Tuesday, despite a sell-off of emerging market bonds.
Emerging market credits in general are under pressure, but EM borrowers using high yield bond structures have kept bringing deals to market. On Friday, Polish telecoms company Play issued a €900m debut bond. Puma Energy, the midstream and downstream oil products company owned by Trafigura and Sonangol
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