Top Section/Ad
Top Section/Ad
Most recent
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
More articles/Ad
More articles/Ad
More articles
-
Europe’s high yield market has been enjoying a surprising revival in recent weeks after some tough, bearish months. But it bared its teeth again this week as Stork Technical Services was forced to pull a €315m deal, unable to achieve the terms it wanted, writes Stefanie Linhardt.
-
Sappi, the South African paper company, completed its tender offer for two 2014 bonds on Thursday, buying back and calling $700m of the debt.
-
-
Ardagh, the Irish packaging group, sold around $880m of bonds in euros and dollars on Thursday, to finance its takeover of Anchor Glass Container Group in the US.
-
Klöckner Pentaplast’s triple-C high yield bond has performed well in the secondary market, since being priced inside guidance on July 13.
-
Downgrades of peripheral European sovereigns have added large amounts to the pile of speculative grade corporate debt that will need refinancing next year.