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17.03.2015 14:24:00
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Moody's: ECB's Quantative Easing unable to stop decline in February's high yield issuance
London, 17 March 2015 -- High-yield bond volumes of $6 billion were down from $16 billion in January, and $11 billion in February 2014 as larger M&A-driven activity subsided, despite the announcement of quantitative easing in Europe, says Moody's Investors Service in the March edition of its "High Yield Interest -- European Edition" publication. In addition, Moody's downgraded 16 Russian corporates following the sovereign action, causing the downgrade-to-upgrade ratio to increase in the region.
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