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Emerging MarketsEM Middle East

Delek & Avner shaves over 50bp off initial pricing thoughts on long end, books over $13bn-$14bn

Delek & Avner has managed to slice over 50bp off initial price talk on the longest bond of its $2bn five tranche deal, bringing the final spreads safely inside Israel Electric Company, its closest comparable for the whole curve. Books stand at $13bn-$14bn.

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