High-yield bond flexibilities start to bite

Euro bills

European high-yield investor resistance to aggressive lending terms could be stiffened by seeing several issuers take advantage of the flexibility in deal documentation granted at the market’s peak in 2017.

https://www.reuters.com/article/high-yield-bond-flexibilities-start-to-b/high-yield-bond-flexibilities-start-to-bite-idUSL8N1VK2QZ

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