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Distinction in Europe’s corporate bond market is not a bad thing
Corporates take advantage of investor inflows and strong demand as supply edges closer to an all-time monthly high
Explicitly guaranteed Dutch utility company expected to trade tighter against govvie and agency peers
Poste will not borrow for the cash component
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Hong Kong's Castle Peak Power Co sold its third energy transition bond on Wednesday, raising $300m and solidifying its leadership in the sector in Asia.
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Equinix, the US data centre real estate investment trust, got a slightly larger size than expected for its dual tranche euro green bond on Wednesday, but its curve steepened.
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Easyjet, the UK budget airline, avoided any turbulence on its return to the bond market on Wednesday, managing to land a €1.2bn deal with no new issue premium that was almost five times oversubscribed.
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Glencore, the Swiss commodity trading company, got a lukewarm response from the euro bond market on Tuesday, as investors prepared their cash piles for a flurry of deals from rare and high beta names.
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Easyjet, the UK budget airline, has mandated for a seven year euro trade, as the company looks to fly high on the UK government’s plans to travel out of its coronavirus pandemic lockdown.
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India's REC has raised $500m from a tightly priced bond that appealed to investors because of its relatively short tenor of 5.5 years amid volatility in the longer end of the yield curve.