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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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Irish telecoms company Eircom slipped one step closer to default today, when Moody’s lowered its corporate family rating on its parent ERC Ireland Finance from Caa1 to Caa2 and cut its probability of default rating from Caa2 to Caa3.
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Norwegian paper producer Norske Skog plans to raise Eu300m of senior unsecured five year notes alongside a Eu140m three year revolving loan, to repay existing debt. The bond, callable after three years, has a provisional B2/B- rating.
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