Indian HY disappoints as Rolta tries to crack the freeze

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Indian HY disappoints as Rolta tries to crack the freeze

Indian high yield debt issuance came to an abrupt halt this week after investors shunned REI Agro’s deal, with some citing corporate governance concerns. But bankers say past failures should not prevent borrowers with stronger fundamentals and tighter covenants from issuing successfully, writes Frances Yoon.

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