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◆ Siemens burst out of the gate with five tranches ◆ Rarely spotted floating rate note sees good demand ◆ More multi-tranche trades expected this week
Asset class war breaks out as FIG market complains Reverse Yankees are stealing investors away from their deals
Issuer takes size at a competitive price on first foray into Swiss francs
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Renewable energy company sees four times demand for €500m no grow -
Higher rated DSM also has smooth ride, as corporate market continues to pump out solid trades
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Highly rated names land smooth trades after investor demand showed signs of weakness for corporates last week
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Issuer cannot tighten from initial price thoughts as market remains hostile to lesser known names
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Second half of 2024 is tipped to be a shadow of its busy first six months
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Both deals find ample support, even as Otto pulled its debut SLB
