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
-
Ineos, the chemical company, returned to the high yield bond market on Wednesday with a €770m deal to redeem $775m of notes it issued in 2012. -
The iBoxx non-financials index may have widened 20bp since March, but market participants appear glad of it. Europe’s corporate bond market is healthy and wide open for riskier deals.
-
Unrated Italian power generation machinery company Ansaldo Energia's first corporate bond was particularly popular with domestic investors on Tuesday.
-
The largest telecoms company in southeast Europe, United Group, on Tuesday sold a €150m tap of its €475m bond offered in 2013 to fund its acquisition by KKR.
-
Quantitative easing is having a marked effect on Europe's high yield market, most bankers and investors agreed. But far from enabling new companies to access the capital markets, it is mainly benefiting established issuers by giving them cheaper interest rates.
-
Kaisa Group Holdings became the first Chinese property company to default on its offshore debt when it announced on Monday that it had failed to pay $51.6m of coupons on two of its outstanding dollar bonds. The news barely made an impact on secondary prices, as the default had been well flagged, but markets should not relax yet. Kaisa may not be an isolated case.
