Rampant corporate bid continues through Brexit maelstrom with Marsh, Incommunities

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Rampant corporate bid continues through Brexit maelstrom with Marsh, Incommunities

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Prime Minister Theresa May during her statement about last week's EU summit in the House of Commons, London. | UK Parliament/Jessica Taylor/PA Wire/PA Images

The exceptionally strong demand in Europe’s corporate bond market has remained unaffected by the turmoil in the UK’s Parliament, as MPs vote night after night on repeated motions that could determine the country’s future inside or outside Europe. On Thursday, two issuers attracted huge books: Marsh & McLennan Companies, the US insurance and investment services group making its debut in euros, and Incommunities Group, a Leeds-based housing association, in sterling.

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