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Toto, I have a feeling we're not in EM anymore
Two lenders entering administration should signal to others: simplify the industry
Investors are rewarding Romania for trying to fix its fiscal problems
Liberated issuers will still have to follow European regulations if they want to sell in EU
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The government should choose to implement the policy after much deliberation -
Gabon now has three years to get its house in order
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An issuance record in 2024 and new issuers in 2025 don't mean the market's problems have gone
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Thames Water refinancing battle is an unedifying mess
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Evidence from the US suggests it will be hard work getting investors and sellers to agree
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Issuers need to wise up to the fact that secondary performance has become less of a certainty
