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Disruptive US economic policy has not yet dented credit appetite
High yield investors nibble at IG names, as credit investors brace for ‘trillions’ unlocked from money market funds
Embattled utility makes final plea for court to sanction £3bn in emergency funding
Thames Water refinancing battle is an unedifying mess
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Two weeks ago, on Friday, July 20, Finland’s Stora Enso declared a steep decline in earnings with adjusted second quarter Ebitda at €248m, more than €100m lower than last year’s €358m.
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Stork Technical Services, the Dutch provider of technical services for heavy industry, has returned to Europe’s high yield bond market after being forced to pull a deal in July. The new transaction is smaller, shorter-dated and has been restructured.
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Bonds of Norske Skog jumped around five points higher on Thursday, after the Norwegian paper company gave news of its deleveraging, according to a banker.
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Swedish passenger bus operator Nobina has officially “deferred” repayment of its bonds, which were due to mature yesterday (August 1) until October 31.
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Numericable, the French cable operator, enjoyed a bounce in the bond market today after announcing a good set of second quarter results.