Evonik and Campari bonds blow out as investors’ lust for exotic credits deepens

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Evonik and Campari bonds blow out as investors’ lust for exotic credits deepens

Two unrated debut issuers sold European corporate bonds this week — German industrial group Evonik Industries and Italian drinks firm Davide Campari-Milano — as lower-rated crossover credits look likely to continue dominating supply until the end of the year.

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