APRIL 4 2020 ISSUE 2327 http://www.ifre.com
PLUS: Q1 LEAGUE TABLES
LOANS
Asda deals blow
to lenders as
Walmart halts
sale
04
BONDS
US$600m YUM!
Brands bond
breathes life into
junk market
05
PEOPLE & MARKETS
"ONlREûOFûTHEû
dividends:
European banks
axe payouts
08
EQUITIES
Underwriters
stuck with 21% of
AMS after rights
goes wrong
11
Strange days indeed: hairy credits and wary
investors but bond issuance booms
Desperate Carnival ships in US$6.25bn
via debt-and-equity rescue recap
Coffee spill hits ECM pipeline: Luckin
scandal adds to mistrust of Chinese issuers
1 IFR Cover 2327 .indd 1 03 / 04 / 2020 19 : 53 : 04