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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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The $1.25bn bond issued by Indonesian electricity company Perusahaan Listrik Negara bounced back this week after following other recent deals by opening down on its first day.
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Indonesia’s Bukit Makmur Mandiri Utama and Indika Inti Energi launched high-yield bonds this week, defying treacherous market conditions that prompted other Asian issuers to reconsider planned debt sales as demand for Indonesian risk remained high.