Macro Finance
Europe’s Junk Market Sees Another Loan Pulled as Iqony Axes Deal
Bloomberg Markets·November 3, 2026·1 min read
Banks have pulled a €550 million ($616 million) loan refinancing for European energy firm Iqony after failing to attract enough investor interest amid market turmoil. The deal's collapse adds to a string of withdrawn junk-market loans in Europe, signaling growing risk aversion among investors and tighter credit conditions for lower-rated borrowers.
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