ECM bankers relaxed about UK election risk to European IPOs

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ECM bankers relaxed about UK election risk to European IPOs

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Prime Minister Theresa May makes a statement in Downing Street, London, announcing a snap general election on June 8. | Philip Toscano/PA Wire/PA Images

Bankers active in UK equity capital markets were as surprised as anyone about Prime Minister Theresa May’s decision on Tuesday to call a snap general election on June 8. But they were calm about the risk of it disrupting issuance.

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