Bankers hedge bets on M&A bonds in rocky markets
July 03, 2015 at 04:49 AM EDT
LONDON/NEW YORK, July 3 (IFR) - Corporates needing to raise some US$50bn of funding to finance M&A transactions in the coming months are seeing their options narrow amid renewed market volatility and dwindling investment returns that has made the buyside more cautious.
