European HY busy as Tereos and Preem deals in market

04 Apr 2007

The European high yield market was buoyant this week with two new deals. French sugar producer Tereos issued a Eu500m seven year bond price at a yield of 6.375% — the tight end of the revised 6.375% to 6.5% price guidance.

The level represents a success for the borrower, ...

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