Clifford Chance

High Yield Outlook 2021: The Phoenix Rising

3 February 2021

Leveraged finance markets, and the European high yield bond market in particular, have entered 2021 on fire with 25 issuances reaching €12.63 billion during the first month of the year. This burn looks poised to continue as positive momentum coming out of a challenging and volatile year continues to build in 2021.

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