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Corporate BondsHigh grade and crossover bonds

Mayr-Melnhof first to €1bn in Schuldschein market

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Austrian paper and packaging company Mayr-Melnhof Karton has sold €1bn of long-dated Schuldscheine, in the first transaction of that size this year. The deal, which will fund acquisitions in Finland and Poland, showcases the high amounts and attractive structures companies can achieve due to a supply and demand imbalance in the German private placement market.

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