Europe’s Junk Bond Market Reopens With First Deal in Weeks
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Europe’s junk bond market has reopened with its first offering since early April, following weeks of tariff-induced volatility.
Italian gaming firm Lottomatica Group SpA started marketing a €600 million ($684 million) senior secured note on Wednesday, amid a cross-asset rally triggered by US President Donald Trump softening his tone toward China and Federal Reserve Chair Jerome Powell.