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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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Biofarma Group launches €345m high yield bond
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The primary leveraged finance market is beginning to churn out deals again. The first European high yield deal in 10 weeks is expected to be priced this week and a handful of leveraged loans have begun the pricing process.
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Market watches first new issue since February closely
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Business demonstrates return to profitability following its debt reorganisation
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Measurement of specific categories makes up 56% of ratings divergence
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Company has shown 'reasonably good' ability to pass on costs