Swedish petroleum group makes high yield comeback

Thursday 1 March 2001 at 16:00

Preem, the Swedish petroleum company, is returning to the high yield bond market two years after it narrowly failed in a bond sale when part of the Corrall group.

Preem Petroleum, Sweden's largest petroleum company, is in talks with Deutsche Bank and UBS Warburg to launch a euro high yield bond, according to officials at the two banks.