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SecuritizationCLOs-CDOs

‘Market-opener’ K+S set for increase after syndication hit

K+S’s Eu1.4bn loan, the biggest underwritten facility in Europe this year, is expected to be signed on Friday. The fertiliser and salt product supplier will take an increase of Eu150m after the deal was oversubscribed in syndication, bolstering bankers’ hopes that it will encourage more underwriting.

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