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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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Dry powder in European direct lending may be at an all-time high
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Banks with memories of the 2008 financial crisis are preparing firepower for a big UK buyout amid volatile market conditions
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Deal was originally launched with a target of €150m
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Swedish firm grows team in Copenhagen
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