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High yields are keeping investors interested for now
Restructuring of €316m deal from 2021 is likely
Spreads widen after string of surprise jumbo tech trades
Data
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New CEO is under pressure to cut costs and bureaucracy, and Citigroup’s reorganisation could be a template. With top changes already this week, Georges Elhedery has shown he means business -
Corporates pump out another day of deals to the envy of other markets
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No-grow tag added to modest size in latest bond to finance €8bn Vodafone Italia purchase
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Increased deal sizes and long-end interest suggests market still buoyant, say bankers
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Strong demand sees skincare company raise Sfr500m with Swissie debut
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Talks with borrowers suggest more to come and primary market will be ‘busy until October’
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