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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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At least 14 lenders join to make £3.5bn of loans -
Development continues the trend of direct lenders staffing up in Germany
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Green gives Orsted keen edge on pricing
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Value in private credit is created by the staff
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US corporate bond bankers expect $20bn of supply this week after deal drought ends
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