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Reframing inflation might produce a more palatable number but is not always a great idea
◆ Issuer punches through 200bp ◆ Some concession still needed ◆ First domestic sterling deal in almost two weeks
◆ General Motors brings dual currency trade ◆ Ford ups size on 5.2 year euro bond ◆ Both print euro tranches inside dollar curve
Data
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UK social housing will be squeezed between ethical and financial imperatives -
In tricky conditions, Pemex suppliers have a further $400m of the company’s bonds to offer market by July
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Mining giant increases buy-back after oversubscription
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Private lenders have seized their chance
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Buy-side firm allocates capital to private credit managers across a range of strategies
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