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Covenant-light loans still dominate the market, Moody's says.
Wireless carrier to buy back bonds using proceeds from divestiture.
Default rate in speculative-grade corporate debt projected to hit 4 percent this year.
Investors may already be shifting from institutional prime funds to government debt, in anticipation of floating NAV implementation in October.
Fourth biggest corporate issue of the year raised funds for company's takeover of Visa Europe.
Pushback on Vodafone's bond plans shows that investors are learning to just say no, even to investment-grade issues.