Europe Sees Return Of Junk Market

McDermott, Judy
July 2005
Investment Dealers' Digest;7/11/2005, Vol. 71 Issue 27, p11
Trade Publication
Reports on the return of the European high-yield market in business after it nearly shut down for some six weeks in the second quarter of 2005 because of fallout from credit downgrades related to the auto industry in Europe. Economic impact of the terrorist attacks in London on June; Performance of the European economy in the second quarter of the year; Financial performance of some industries and companies during the third quarter.


Related Articles

  • DON'T SAY WE DIDN'T WARN YOU. Grant, James // New Republic;10/14/85, Vol. 193 Issue 16, p20 

    Discusses the disadvantages of the tendency to be fixated with junk bonds or debt securities graded specifically as a speculative investment. State of the trading of foreign junk bonds in the U.S. in 1932; Evidence of the elevation of salesmanship to a kind of an art form; Reaction of junk bond...

  • High Yield's Groundhog Day.  // High Yield Report;2/23/2004, Vol. 15 Issue 8, p6 

    Focuses on why the high yield market seems to repeat its mistakes over and over again. Need to learn about the risks and costs of financing dubious business plans with excessive leverage at exceedingly fine prices; Hypothesis that the global high yield market operates in a cyclical pattern with...

  • THE TOP MUTUAL FUNDS. Nickel, Karen // Fortune;3/9/1992, Vol. 125 Issue 5, Special Section p138 

    Presents information on the 13 categories of the winners of the 100 best stock and bond funds as listed by the periodical "Fortune." Report that aggressive growth funds ranked as the best of the bunch, with an average annual return of 17.7%; Fact that junk bond funds were the laggards, returning...

  • Europe 2010: The name is Bond--High Yield Bond. Ahrestani, Savita Iyer // Bank Loan Report;1/11/2010, Vol. 25 Issue 2, p4 

    The article focuses on high yield bonds as the center of the leveraged finance industry in Europe in 2010. It notes that high yield bonds have been the financing alternative of choice for companies planning to refinance bank debt. It adds that junk bonds issuance will keep its strength in 2010....

  • Fallen Angels Provide Reward, and Risk. M. S. // Bank Loan Report;10/12/2009, Vol. 24 Issue 39, p1 

    The article discusses the increaing supply of high yield issuers in the U.S. It notes that the increase is good news for investors considering a higher quality credits. However, it could lead to investors dumping their lower-rated counterparts. It mentions the advantages and risks for the 66...

  • ML Master HY Index.  // High Yield Report;11/22/2004, Vol. 15 Issue 45, p1 

    The article presents a graph representing the performance Merriyl Lynch Master High Yield index during the period of September 8 to November 17, 2004.

  • A Time Bomb In High Yield? O'Leary, Christopher // High Yield Report;2/23/2004, Vol. 15 Issue 8, p1 

    Points out that when struggling companies were able to tap the junk bond market to pare down their gargantuan debt loads last 2003, their underwriters could not have been happier. Advantage of not just selling bonds to investors; Observation that in some cases, banks which had lending...

  • Allegheny Could Bode Well For Energy Sector. Hintzel, John; O'Leary, Christopher // High Yield Report;2/23/2004, Vol. 15 Issue 8, p2 

    Points out that beside fears that questionable issuers are entering the high yield securities market, many are concerned that concentrations of troubled product are growing, both by rating type and industry. Possible trouble spot in the energy sector; Concern that many energy companies such as...

  • US Energy Deals Boost High-Yield Issuance. Platt, Gordon // Global Finance;Jan2006, Vol. 20 Issue 1, p64 

    The article reports that the corporate debt-refinancing issues in the energy industry have helped to increase activity in the high-yield bond market in the U.S. According to Dealogic company that the totaled global debt capital market volume was 429 billion dollars. The Chesapeake Energy corp....


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics