Thu 03/03/2022 12:37 PM
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The European high-yield bond primary market started strongly in the first week of February with three issuers pricing deals. However, fears over rising interest rates, inflation and Russia’s threat to invade Ukraine caused the primary market to grind to a halt as borrowers and investors held back from making important funding decisions.

In the second week, Anacap and Prax pulled their bond offerings, and no other bond issuers came to market for the rest of the month. Contrasting with...
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