2020-04-04 IFR Magazine

(Rick Simeone) #1
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

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