Borrowers Tiptoe Back to Schuldschein as Foreign Stigma Fades
- SEB is first French issuer to return after Orpea restructuring
- 1Q pipeline features deals from non-core firms, arrangers say
This article is for subscribers only.
Investors in Schuldschein are ready to welcome back foreign borrowers deemed too risky for much of 2023.
That’s provided a green light to companies that need to replace maturing debt and helped them to overcome a stigma associated with non-core issuers.