The European high-yield bond market, which has been shut since the credit volatility erupted last July, could be braced for its first new sale in over eight months should banks garner sufficient investor demand for a new deal expected from CHC Helicopter Corporation.
US private equity sponsor First Reserve is expected to try to finance part of its C$1.5bn (â¬1bn) acquisition of CHC, the Canada-based company which provides helicopter services to the offshore oil and gas industry, in the European market, according to a research note from Credit Suisse.
