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
-
With European high yield bond activity still sluggish after the summer’s volatility, market participants are wondering which issuers may provide some deals over the next few weeks.
-
A week after US aluminium maker Alcoa kicked off the reporting season for US companies, quarterly reports from European companies are now also beginning to show how the last few months’ market turmoil and economic uncertainty has affected them. On Friday it was the turn of Ziggo, the Dutch provider of broadband internet and telephony, and its bonds rose on the news.
-
Emdeon, a US processor of healthcare transactions, raised $375m of unsecured bonds on Friday, having cut short the planned roadshow. The deal is the first LBO-linked bond to be sold for several weeks.
-
Greece’s Yioula Glassworks missed a deadline to repay a €15m bank loan from Piraeus Bank and thus defaulted, according to Standard & Poor’s, although the loan’s maturity has subsequently been extended until the end of this year.
-
-
Two opportunistic issuers pressed into the European high yield market this week — both bonds were rather small and unconventional.