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◆ US companies Pfizer and McDonald’s raise euros ◆ Pfizer pays zero concession but some thought it looked cheap ◆ McDonald’s cooks up almost €4.7bn book at peak
◆ Demand solid across seniorities ◆ Hybrid regular Veolia moves into green structure◆ Swisscom shows investors also looking for thinly priced debt
◆ Auto companies reappear in European bond markets ◆ Demand is high for beleaguered sector ◆ BMW tightens three year spread by 40bp
◆ Holding company starts around 40bp wide of fair value ◆ Demand pours into the book ◆ Borrower pays single digit new issue concession
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Swedish borrower in the market months after agreeing Stanley Infrastructure purchase -
Constant inflows help Coca-Cola HBC, Ren and Enel snap spreads in during bookbuilding
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Green bonds have always offered borrowers more than just a way to feel good about themselves
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High grade corporate bond market maintains its strong run
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Investors offered high grade euro mandates from newcomer Epiroc and Portugal's Ren
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United Utilities, Securitas and Klépierre come on usually quiet day
