GE Capital’s €2bn hit, Telefónica’s €10bn book show vibrant market

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GE Capital’s €2bn hit, Telefónica’s €10bn book show vibrant market

If RCI Banque and Volkswagen played the overture to 2013’s European corporate bond opera in the past view days, the first act began dramatically today, with a duet between GE Capital’s steady bass and Telefónica’s soaring soprano.

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