Skip to main content

High Yield Bonds - An Issuer’s Guide, 3rd Edition

Posted: 03 Sep, 2013

In this document, Bernd Bohr, Partner in Mayer Brown’s Capital Markets team, gives useful guidance about high yield bonds in order to provide potential investors with all material information necessary to make an informed decision as to whether or not to invest in such bonds.

The first half of 2013 witnessed European high yield issuances at a record-breaking pace, which slowed down in mid-June as a result of market disruptions and a repricing caused by statements by U.S. Federal Reserve Chairman Ben Bernanke, hinting that the Federal Reserve could begin scaling down its $85 billion per month quantitative easing program much sooner than expected.

However, high yield bond yields continue to remain low by historical standards and most market observers appear to expect European high yield issuances to continue at a solid pace after the summer break in September, possibly with terms that may veer more towards investors rather than issuers.

Please click on the link below to view a PDF copy of the 3rd Edition of our High Yield Bonds – An Issuer’s Guide or request a hard copy here. The Guide is primarily intended for (first-time) issuers of high yield bonds, but we hope that other market participants (such as underwriting banks, law firms or other financial and legal advisers) will also find it helpful.

https://www.mayerbrown.com/High-Yield-Bonds---An-Insiders-Guide-3rd-Edition-09-04-2013/


Back to Knowledge Hub

TMA news

14 Mar, 2019

No deal Brexit cash-flow

According to Paul Davies of accountancy...

28 Feb, 2019

Huge success for TMA NOW (Network of Women) event last night!

Turnaround Management Association Network of...

Sponsor news

20 Mar, 2019

Scott Fuller Joins London Office as Director

Gordon Brothers Bolsters Global Valuation Practice with European Leadership Appointment
Scott...

18 Mar, 2019

Does your bank understand tech companies?

By James Cunnah, Wells Fargo Capital Finance Technology Finance UK and Matt Maclay, Wells Fargo...

Tweets

TMA UK @UK_TMA · 10 days ago

"When dealing with a debtor who is not forthcoming in paying what they owe, the key is knowing whether a debt has t… twitter.com/i/web/status/1…

TMA UK @UK_TMA · one month ago

We are delighted to invite you to the inaugural TMA UK & NextGen Conference on 19th June 2019 at the Aspire, 2 Infi… twitter.com/i/web/status/1…

JCR

Mar 2018