Astaldi, SNF sell taps as HY stays quiet

By Stefanie Linhardt
14 Feb 2014

Astaldi and SNF Floerger took advantage of the lack of issuance in the European high yield market to tap bonds on Tuesday, after the market shrugged off its recent risk aversion.

Investors are still ready to put cash to work, as seen by the strong performance of chemical firm Ineos’s €1.035bn bond sold on Tuesday (see separate story), and European high yield funds continued to record net inflows in the week ended February 5, despite a rocky end of ...

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