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Bankers expect more currency diversification but the biggest wave of isusance may still be to come
◆ UK utility follows Canadian dollar deal with Swiss debut ◆ Deal offers savings versus euros ◆ Investor limits leave no room for further tightening
Bankers expect some supply next week before a proper reopening beginning August 24
UK utility eyes five or 10 year green notes in Aussie dollars
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August forecast to be a strong month for corporate dollar supply -
Stable backdrop, steady rates and strong demand give issuers reasons to move before the post-summer rush, bankers said
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◆ Telco takes size in euros and duration in sterling ◆ Elevated premiums paid at the long end ◆ Sterling tranche AT&T's first since 2018
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Thames's troubles are contained for now, but risk of contagion remains
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Proceeds earmarked to refinance upcoming maturity
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◆ Strong demand for first sterling bond under Andy Burnham's government ◆ Deal navigates market vol ◆ Concession small, but investors attracted to spread
