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◆ Telecoms firm takes €1bn across two legs ◆ No to negative premiums offered ◆ Real money sticks as fast money falls out
◆ Real estate firm takes £400m on second outing ◆ Single digit concession needed ◆ Elevated sterling yields putting off potential issuers
◆ Spreads on all three legs tightened by 30bp ◆ Short end leads demand ◆ Deal follows BMW's outing in January
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Plans outlined for TRACE-like centralised database for Europe
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The global pandemic has forced those working in finance to re-evaluate how they do their jobs — whether it be working more from home and not travelling as much on aeroplanes or helping to foster more diverse and ESG-conscious workplaces. Some banks have also seen the crisis as an agent of change, to accelerate growth plans or implement new strategies. Eighteen months on from the beginning of the crisis, GlobalCapital looks at how successful they’ve been and whether they can make it stick.
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Telecoms tower company rings up ample demand to fund tender offer
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FTSE 100 firm Intertek is marketing a $400m-plus deal
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Concessions remain high in IG corporate bonds as investors need jitters soothed
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