Austria
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Spreads have been resilient as S&P says limited impact on covered bond programmes from Austrian property company's default
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The rights issue is intended to reduce company's debt following a profit squeeze
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Austrian firm is the latest European company to turn to equity markets due to high cost of borrowing
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Bankers say it is hard to say why demand for the deals was subdued
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Issuers play it safe as they target the three to five year area
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Issuer monitoring the market for a €500m sustainability bond
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Observant issuer listens to post-QE market
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The public sector’s rush to raise dollars is set to continue on Wednesday
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KBN, OeKB, Rentenbank and AFD to tap currency amid uncertainty in euros
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◆ Austrian lender saves with early tier two refi ◆ Others could follow into 'wide open' AT1 market ◆ Generali's popular tier two bullet shoots through fair value
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Debut borrower finds ample demand as it spins off from Telekom Austria
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Strong issuers get better than expected traction, sparking opportunistic deals