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◆ Fourth Reverse Yankee hybrid in euros this year ◆ US utility tightens hard on strong demand ◆ American Tower clears €750m trade with little concession
◆ Deal prices close to fair value ◆ Retail denoms keep curve tight ◆ Heidelberg takes €1.5bn with dual tranche trade
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European Investment Bank brings most duration -
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Primary market outcomes do not reflect the geopolitical reality
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International tension has propelled valuations in the sector up, tempting issuers
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Asian buyers driving callable SSA market have resurfaced in public benchmark deals
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Munich-based company's deal is one of five launched this month
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