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
-
The European high yield market is open again, after double-B rated Fresenius Medical Care priced €684m equivalent of bonds in euros and dollars on Thursday.
-
-
Fresenius Medical Care priced its high yield bonds at the tight end of price talk on Thursday. The world’s largest provider of kidney dialysis products and services sold €684m equivalent of euro and dollar senior unsecured notes – more than the initially targeted €614.3m.
-
Axa Investment Managers announced the launch of a European short duration high yield fund on Thursday – suggesting some investors are still moving into the asset class, despite its recent volatility and August’s depression.
-
High yield bond issuance looks set to restart in Europe after a long hiatus since markets soured in July, with exactly the kind of borrower that participants hoped would emerge: Fresenius Medical Care, a double-B rated company from Germany regard as a safe issuer.
-
Bonds of Seat Pagine Gialle (Caa3/CCC+) came under renewed pressure this week, after the Italian directories company released weaker than expected results for the first half of 2011 on Tuesday.