Free Trial

€HY Movers: Intrum, Adler, Atos, Kronos

HIGH YIELD


  • Lots of recently flagged names amongst today’s biggest €HY movers including Intrum, Adler and Atos.
  • Also noting the sharp rally in the €400mn Kronos 25s on the announcement of a €325mn tender for the line (against plans for a new EUR 9.5% 2029 bond).
  • Eligible holders will receive €850 in principal amount of new notes plus €150 in cash per €1,000 of old notes if exchanged before the early participation deadline (offer is subject to a minimum tender size of €275mn).



To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.