Euro Junk Bond Market Suffers First Pulled Deal in Nearly a Year

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 50%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Europe’s rejuvenated junk debt market just had a wake-up call, with the first shelved offering in almost a year.

Specialist French retailer FNAC Darty SA halted a €300 million bond sale, saying market conditions are not attractive enough in a statement on Wednesday. It’s the first euro corporate junk debt sale to be pulled since House of HR in October 2022, according to data compiled by Bloomberg.

“We find this withdrawal surprising, as the group appeared to have secured satisfactory financial terms, a level at which we were recommending a purchase,” Spread Research analysts led by Benjamin Sabahi wrote in a note to clients this morning. “The cancellation may be due to management having favored the loan market rather to the detriment of the bond market for cheaper financial costs.”

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 83. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Navigating market uncertainty with bond ETFsHigher oil prices, a potentially weakening consumer, and uncertainty around the Federal Reserve's interest rate path has investors on edge. VanEck Head of Fixed Income ETF Portfolio Management Fran Rodilosso tells Rachelle Akuffo how bond ETFs can help investors navigate uncertain times. Rodilosso also explains some of the current benefits of investing in ETFs, saying 'investors really have a lot of choice. What we think right now is there are a lot of ETFs that offer opportunities where the yield is, either in credit or at the front end of the curve, be it through high quality corporate credit, CLOs or even bills.'
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »

The Bond Market Has Never Sounded Recession Alarms for This LongThe US bond market hasn’t flashed recession warnings so consistently for so long in at least six decades.
ソース: BNNBloomberg - 🏆 83. / 50 続きを読む »