Sterling shimmers as P&G and Martlet win attractive terms
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Sterling shimmers as P&G and Martlet win attractive terms

The revival of sterling bond issuance powered ahead on Thursday, as Procter & Gamble brought a £750m deal that one banker said was “as rare as Halley’s Comet”. That coincided with a £1bn covered bond from Santander and a £400m debut from Martlet Homes.

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