Microsoft revels in €7.5bn book, knocks 30bp off 20yr’s spread

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Microsoft revels in €7.5bn book, knocks 30bp off 20yr’s spread

There can have been few days in the history of Europe’s corporate bond market when issuers of the stature of GE Capital, Nestlé and LVMH were in the market for a total of €3bn and were all overshadowed by another borrower.

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