Pick-up in high-yield issuance pipeline

news

The high-yield market pipeline is building up handsomely with some analysts expecting issuance of up to €5 billion of deals. By the end of March, high-yield offerings in the European market had reached €6.5 billion of euro debt, £800 million in sterling and $950 million of dollar bonds.

The high-yield primary market experienced a lull in issuance after March 16, when GM posted its largest profit warning since 1992, causing spreads to widen and some issuers to postpone transactions. Those kep

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: