Brexit means crisis for Europe's junk market

London

WHEN British voters decide the fate of the UK's role in Europe, they'll also potentially be casting the dice for the region's junk-bond market.

A vote in favour of exiting the European Union in June will spawn the deepest market slump since the Greek debt crisis and the region's high-yield market will be among the biggest losers, according to analysts and investors who were due to speak at a conference on Europe's junk market in London on Tuesday.