Financial News

IFR-High-yield issuers rush in ahead of debt deadline

NEW YORK, July 28 (IFR) - Opportunistic issuers jumped back in as a window opened this week in the high-yield market. Just after Reynolds Group priced a US$2.5bn offering on Wednesday, HCA took the market by surprise with a US$5bn drive-by issue, significantly upsizing its originally announced US$1bn issue on the back of solid demand.
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