In­vestors learn to re­ject cor­po­rate bonds

China Daily (Canada) - - BUSINESS -

Af­ter more than seven years of an any­thing-goes mar­ket, cor­po­rate­bond in­vestors are start­ing to flex their mus­cles. Voda­fone Group Plc shelved plans to sell as much as $2 bil­lion of bonds last week af­ter in­vestors de­manded sweet­ened terms, in­clud­ing pro­vi­sions that would have pro­tected them against losses in the event the com­pany is taken over, sources said.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.