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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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State-owned UK social housing lender rises above sector’s worries
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As property companies have shown, the destination is more important than the journey
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The housing association's spreads have widened after cut to A- by S&P
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Finnish borrower powers through as investors say they're still laden with cash
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Even those that have not issued early should benefit from the quick movers
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Company made its first foray into sterling bonds last week