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◆ First deal in sterling since UK budget ◆ Book falls as deal prices tighten ◆ More sterling supply expected before Christmas
Crédit Agricole and DekaBank take centre stage in Swissies as domestic names go quiet
Light opportunistic dusting expected, but prohibitive pricing to put off non-sterling funders
◆ Praemia refis at a tighter coupon ◆ Schneider lands tight at the short end ◆ Minimal concessions needed
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Europe’s IG corporate bond market is in danger of finding out how many straws it takes to break a camel’s back -
Italian gas group wins big book for debut green tranche
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Even the highest rated corporate borrowers are able to bring spreads in by leaps during bookbuilding in scorching market
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Some investors and issuers complaining about pricing starting so wide… but it’s working
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US companies slash spreads as good mood in euros persists
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Push for long end debt appears to be dwindling
