BNP Paribas
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Term loan ‘B’s suggest a revival of levfin market -
Yield on the bond tightened by 70bp after spread was fixed thanks to intervention
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The German luxury car maker will float at a price-to-earnings ratio of 14.5
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Three new banks join, one drops out
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The Indonesian oil and gas company has turned to the loan market once again
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Spanish and French agencies also took advantage of a narrow pricing window
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New hires from Stifel, JP Morgan will cover sovereign credit
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The French agency was last seen in the market just a month ago
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High ratings and market-friendly maturities give bond issuers smooth ride
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Investors demand high concession for low rated, cyclical, energy-hungry industry
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Bulging books for some, but Grenke is forced to postpone its trade after opening books
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Both issuers built books that were less than 1.5 times covered
