News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Fresenius to open high-yield market with €1bn

Fresenius, the German healthcare company, looks set to win the race to issue the first junk bond of 2006 with a €1bn ($1.2bn) deal due to launch tomorrow.

Credit Suisse First Boston and Morgan Stanley are arranging the two-part transaction which is expected to include a €750m seven-year bond and a €250m 10-year bond.

WSJ Logo