Jaguar bond stalls on Brexit talk

A worker stands under Union Flags at the Jaguar Land Rover facility in Solihull

Jaguar Land Rover’s high-yield bond was driven off course last week after chief executive Ralf Speth gave a warning that the wrong kind of Brexit could have a disastrous effect on his company. The warning came during the bond’s marketing period and spooked an investor base already unnerved by a loss-making quarter.

http://www.ifre.com/jaguar-bond-stalls-on-brexit-talk/21356114.article

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