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As junk bonds wilt, new Charter deal shines
2016-02-06 09:33:24| Telecom - Topix.net
Charter Communications gave the sputtering US junk-bond market a welcome boost this week by selling a US$1.7bn issue that was mostly driven by reverse enquiry from investors. The deal underscored that the buyside is still keen on higher-quality paper in a tumultuous market that has of late locked many lower-rated potential borrowers out.
Tags: deal
charter
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Category:Telecommunications
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