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
-
A buoyant high yield market and lenders' willingness to amend and extend loans has helped tackle near term maturities of unrated European LBO debt, according to a new study from Moody's. However, the report warns that some weaker and smaller companies might still struggle to refinance their maturities.
-
German hydraulic clutch maker FTE Automotive is the first issuer hoping to break the chills in the European high yield market and issue the first bond of the second quarter. The company plans to use the proceeds to finance its takeover by Bain Capital.
-
The European high yield market has experienced a first half like no other in 2013, with record issuance and super-tight coupons followed by volatility and a secondary market sell-off. But where will the market go from here?
-
Nord Anglia Education (UK) Holdings has tapped a five year bond at a lower yield than its original issue last year, pricing the deal after market-soothing messages from China and the US put some stability back into global financial markets.
-
Debt capital markets bankers are cautiously optimistic that the one-month lull in Asia’s dollar bond activity could come to an end this week after the head of the New York Fed said on Thursday that US stimulus would remain in place if the economy remained weak.
-
The European high yield market is not shut, bankers were confident this week, as the last few days brought some market stabilisation. Two banks plan to start premarketing bonds as early as Monday, after the Markit iTraxx Crossover tightened 56bp since the start of the week.