Shelly's Modelling Agencies | Interest Rates

Shelly's Modelling Agency notices that interest rates on junk had jumped due to the latest turmoil in Europe, making borrowing much more costly. But Zayo Group didn't have to pay sky high rates, and the reason wasn't so much the wizardry of it's advisers. It was an unusual new approach taken by a buyer of bonds: Black Rock, which manages $1.2 trillion in fixed income assets. Rather than wait for Zayo's investment banks to structure an offering and then buy the bonds from them, Black Rock worked alongside the banks and Zayo as the offering was prepared.



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