Getlink sidelines Brexit

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Getlink, the parent company of Eurotunnel, provided a unique opportunity to assess how the corporate bond market looks at Brexit risk.

While the European high-yield market has seen several issuers flagging Brexit risk in recent deals, Brexit has particular practical implications for Getlink. “This is a fairly unique asset in that it is physically located between the UK and the EU,” said a banker on the deal.

http://www.ifre.com/getlink-sidelines-brexit/21358001.article

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