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◆ Telecoms firm takes €1bn across two legs ◆ No to negative premiums offered ◆ Real money sticks as fast money falls out
◆ Real estate firm takes £400m on second outing ◆ Single digit concession needed ◆ Elevated sterling yields putting off potential issuers
◆ Food group issues euros to finance dollar tender ◆ Low single digit concession offered ◆ Dairy firm Arla preps euro debut
Estonian sovereign outing its first under local law
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South Korea’s Small & Medium Business Corp (SBC) is looking to make an appearance in the offshore bond market for the first time in a decade.
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Fullerton Healthcare opened books on Wednesday for a dual-tranche Singapore dollar bond backed by the Credit Guarantee and Investment Facility. This would be the fifth transaction to be sold in the Lion City with an enhancement from CGIF.
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The European investment grade corporate bond market produced a zero-issuance Monday this week, as investors re-assessed their positions after the UK’s surprise vote to leave the EU.
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German carmaker Daimler returned to the Panda bond market following a more than two-year hiatus, raising Rmb4bn ($604m) from a private placement.
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The Asian bond market, while rattled by Britain’s decision to leave the European Union, shouldn’t remain subdued for a particularly long period, according to several bankers.
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After more than three months of stable and attractive funding conditions, the European corporate bond market has been turned on its head by the UK EU referendum result.