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Brighter times for senior unsecured

A flurry of borrowers have piled into senior unsecured this week, eager to take advantage of improving conditions in a market that has been lukewarm for months. HSBC, Intesa SanPaolo and the Swedish National Housing Finance Company have all launched euro benchmarks that, crucially, have been well oversubscribed and priced inside guidance. EuroWeek on Friday asks how long the good times will last — as well as offering full analysis of the week’s deals.

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