TITLE

Investors Upbeat About Unsecured Deals

AUTHOR(S)
Sheahan, Matthew
PUB. DATE
September 2010
SOURCE
Investment Dealers' Digest;9/24/2010, Vol. 76 Issue 35, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the move of investors to deal with unsecured high-yield debt offerings in the U.S. bond market. Mike Simonton, managing director of Fitch Ratings Ltd., believed that the junk bonds have low interest rate environment within complex capital structure compared to secured bonds. Todd Sycoff, a high-yield trader at Broadpoint Gleacher Securities Group Inc., stated that the bonds are also important in high-yield market, credit quality and leverage levels of the issuers.
ACCESSION #
54527015

 

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