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US issuers and insurance companies could benefit as Moody’s relaxes parts of its approach
Investors attracted by relative value versus loans but are not blind to risk
Floridian manager registered the vehicle in Ireland with article 8 SFDR classification
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Akelius Residential Property, the Swedish property group, will begin a roadshow on Monday, September 7, for its first high yield bond in euros.
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Dealers have cut their fixed income inventories by 75% since 2008, according to staff at the Bank of England, who questioned bond market liquidity in a timely blog post on Thursday.
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Levfin specialist firm DebtXplained on Thursday said covenants on Abengoa’s €375m unsecured bond leave investors less protected than on competitors’ notes.
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China cut rates this week for the fifth time since November as it tried to stem the tide of a slowing economy, which has prompted a fire sale across the region’s equities and debt market. But observers are questioning the effectiveness of the cuts, which does not bode well for the pipeline for the rest of 2015, write Narae Kim and Rev Hui.
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China’s slowdown and rising market volatility may still drive a wave of risk aversion, but analysts and bankers say the European high yield market may not buckle under the pressure.
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Europe's bond market is showing few signs of picking up speed before September, though mandates are emerging, while a pair of infrastructure deals — including one for a so-called super sewer — will be keeping loans bankers busy.