Goldman Sachs underwriting a $1.7bn loan for BB-rated Formula 1 last week, was able to lock in rates of 7.9% paying 3.25% above benchmark v. expected yield of 8.5% = window of opportunity for HY debt in US debt markets right now.
ft.com/content/0fbad1…
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…