Expect a flood of high yield bonds
publication date: Jan 26, 2011
Despite perceived high risks that make healthcare services look risky to the bond markets, expect a wave of high yield bond issues, as operators restructure their debt. That could include bond issues from French hospital groups Vitalia and Medi Partenaires and from diagnostic services players such as Synlab, Unilabs and Euromedic. But it still comes as a shock to learn that only one healthcare services group worldwide has a so-called investment grade rating…
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