High-Yield Debt Waits for Market to Settle

High-Yield Debt Waits for Market to Settle

Europe

Volatility in the US and regional markets this week has put the LatAm high-yield pipeline on ice. Net Servicos was set to wrap up a US and European roadshow yesterday, and is heard to be considering a transaction if conditions are favorable, which is not the case. Although the Brazilian cable operator has not announced specifics, it has approved the issue of up to $200m in BB rated 2018 dollar bonds via Deutsche Bank and Santander. Costa Rica’s Grupo M is in the middle of a presentation via Merr

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