Bondholders don’t need to fear European M&A boom – T.Rowe Price

Bondholders should not be overly concerned by the high level of M&A activity being seen across Europe at the moment, according to the manager of the T. Rowe Price European High Yield Bond Fund. Mike Della Vedova notes that while the situation has some similarity to the high M&A levels seen before the 2008 crisis, it is not necessarily directly comparable.