High Yield Bond Volume Slips To $27B Amid Still-Hot Market, PIK Toggles |
| November 05, 2013 | November 2013 Bond Updates |
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High yield bond issuance in the U.S. slipped to $27 billion in October after a red-hot September, which saw a record $47.7 billion in activity, according to S&P Capital IQ/LCD. Despite the noticeable drop in volume the market continues apace. Indeed, the $6.6 billion in issuance last week included another PIK-toggle, |
| View more at: http://www.forbes.com/sites/spleverage/2013/11/04/high-yield-bond-volume-slips-to-27b-amid-still-hot-market-pik-toggles/ |
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