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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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High yield real estate names Times Property Holdings and Yanlord Land Group are marketing their respective dollar-denominated bonds on Monday morning, looking to lock in early funding for the year.
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The sterling high yield bond market on Friday priced its first single-B rated issue of the year, a £275m note from Amigo Loans, a UK consumer lender, with the third highest coupon in the past 12 months for a single-B sterling issue.
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SEA Holdings, Guangzhou R&F Properties and a Changchun local government financing vehicle took advantage of the abundant liquidity in the bond market by locking in funds on Thursday.
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Telecom company TalkTalk and loan guarantor Amigo have this week jumped into the wave of new high yield bond issues listing on the Channel Islands Securities Exchange (CISE) as a way to get round the Market Abuse Regulation (MAR), writes Victor Jimenez.
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UK premium car maker Jaguar Land Rover on Thursday sold its first euro bond at one of the lowest coupons seen in the high yield market in the last two years.
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The sterling high yield bond market on Thursday sent a message of confidence to issuers as UK telecoms firm TalkTalk increased its £300m unsecured bond on the back of heavy demand.