Abengoa pays high price for bond market return

April 17, 2015 4:48 PM

52 0

LONDON, April 17 (IFR) - Abengoa regained access to the bond market this week, something that seemed impossible just six months ago, but it had to pay a high price to convince badly burnt investors to buy its debt.

The Spanish clean energy firm paid substantially more than when it last tapped the euro bond market, despite a revamped effort to cut corporate costs.

Also read: Aroldis Chapman Acquired by Yankees in Five-Year, $86 Million Deal

Read more

To category page

Loading...