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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
Deal launched into improving market following pause earlier in the week
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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
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IG paves way for hybrid issuers who could in turn encourage HY