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◆ Books bulge for three year deal ◆ Sizes and new issue concessions reflect demand differences ◆ Trade comes amid major data dumps
◆ European and US growth figures released during bookbuilding ◆ Demand proves decent for EDF ◆ Worries bubble up that market is not pricing in risk properly
Conditions still favourable for CB issuers
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◆ Share price has fallen this month ◆ No sign of investor worry in primary bond market ◆ Shorter tranche was more popular -
Long decision process leads to elevation of loan market veteran
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Departures preceded syndicate resignation
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Direct lenders take the initiative as banks step back
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The winning institutions and individuals will be announced at a ceremony in London on June 18
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Private credit firms and banks have reasons to tango — but Lazard is not a lending bank
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