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The US tech giant kickstarted what could be a deluge of debt issuance from the largest US tech firms
◆ Junior note lands tight to Class As ◆ No concession needed ◆ Lack of sterling supply allows for tight pricing
◆ Peak book the largest for an IG corporate in sterling since early November ◆ Issuer takes size at a tight spread ◆ Wide range of fair values spotted
◆ Spanish entity hits market with tight, opportunistic trade ◆ Some attrition as deal priced through inflection point ◆ Trade lands through fair value
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Credit score company overcomes investors' concerns to tighten pricing sharply
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Auto and real estate companies attract chunky demand for syndications
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Blowout demand for 20 year sterling tranche suggests investors are not beholden to rate volatility
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Portuguese utility's books bulge and its spread zapped in
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Positive US non-farm payroll data could lead to major central banks' rates policies diverging further
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German utility soothes flighty bond investors by mixing up usual market approach