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Estonian sovereign outing its first under local law
◆ Aerospace firm ends near six year euro market absence ◆ Books soar for seven year deal ◆ Trade lands close to fair value
◆ Schaeffler attracts €5.8bn peak book… ◆ …while SPIE finds €2.8bn of orders ◆ Strong demand allows for strong price moves
◆ Issuer punches through 200bp ◆ Some concession still needed ◆ First domestic sterling deal in almost two weeks
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High grade dollar issuance got off to a slow start in November as event risk dominated the minds of borrowers and investors ahead of the US elections. -
Investment grade corporate issuers were cranking out deals for the second day in a row on Thursday, taking possibly the last open window for primary issuance ahead of US elections next week.
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China’s Huishang Bank Corp rolled out its inaugural dollar-denominated additional tier one bond on Thursday, the first from a city commercial bank in the country.
