DEAL REVIEW: Faurecia debut survives high-yield storm

Newswire

By Natalie Harrison LONDON, Nov 4 (IFR) - French car parts maker Faurecia delivered a shot of confidence to European high-yield players on Thursday, reopening the primary market to debut issuers in one of the most volatile weeks of the year and drawing strong demand from investors. The iTraxx Crossover has swung in wide ranges this week, hitting 760bp on Thursday, before recovering to around 670bp by Friday after Greece retracted its referendum plans and the European Central Bank ...

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