Europe’s Junk Market Sees Another Loan Pulled as Iqony Axes Deal

Banks withdrew a 550 million euro loan refinancing for Iqony, a European energy infrastructure and services company, after failing to secure sufficient investor interest. The deal pullback occurred amid broader market conditions affecting the European junk loan market. Iqony had sought to refinance existing debt through the offering.

• Bloomberg — Europe’s Junk Market Sees Another Loan Pulled as Iqony Axes Deal

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