The European High Yield Association (EHYA) plans to integrate its activities with the Bond Market Association's (BMA) European activities in London starting in January, the groups said in a joint press release last week.

The combination is expected to provide the EHYA with the support and resources required to address a wider range of relevant issues in Europe. It will strengthen advocacy efforts and further integrate representation of the high-yield market within the broader fixed-income markets. EHYA said it was planning to address the EU prospective directive, European bankruptcy reform, documentation standardization, due diligence procedures, price transparency, promotion of the European high-yield market as well as corporate, bank and investor education events.

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