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MARKET WRAPS Watch For: Germany PPI; U.K. Monthly Retail Sales, Public Sector Finances; updates from Fresenius Medical Care, Deutsche Wohnen, Babcock International Opening Call: ...
(Bloomberg) -- British companies’ increasing debt supply is attracting foreign investors willing to look past the stigma of Brexit.Non-financial corporates in the U.K. including Tesco Plc and motoring firm AA Plc have raised more than $5 billion from euro and sterling-denominated issues this year, more than double the amount offered last January, based on data compiled by Bloomberg.With the promise of a pick-up for yield-starved investors and a Brexit deal in place, U.K. firms have the chance to further boost supply of new debt and lure portfolio managers that have shunned them since th...