Heinz high yield corporate debt: Thomson Reuters Deal Insight

This week's $2.0 billion 10-year bond offering from HJ Heinz marks the company's first trip to the high yield corporate debt market since March 2013 when it was taken private by Berkshire Hathaway and 3G Capital in a $27.4 billion buyout. Please find below Thomson Reuters latest Deals Insight:

• The largest high yield bond offering so far this year brings year-to-date issuance to $20.1 billion, a 46% decline compared to a year ago and the slowest annual start for high yield debt issuance since 2009. 
• Barclays, which led the HJ Heinz offering along with JP Morgan and Wells Fargo, leads global high yield debt underwriting so far this year with 14.1% market share, up from 4.7% during year-to-date 2014.