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◆ Heathrow and ADP offer concessions for longer dated trades ◆ Investors 'more selective' and 'want to be compensated' past 7 years, says banker ◆ Avinor's state-owned status helps it land through fair value
◆ No bitter unrated taste as book grows throughout pricing ◆ Investors keen for household unrated names ◆ Price discovery needed
◆ Stellantis sees stronger demand for shorter leg of €1.25bn dual trancher ◆ RCI Banque prices €750m 5.2 year tightly ◆ Ford finds demand in short end sterling
◆ Big move for AkzoNobel, three months after last trade struggled ◆ Orders peak near nine times the deal size ◆ Deal comes through fair value
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BP on Monday became the first big oil company to brave Europe's corporate bond market this year, as it issued a €2bn dual tranche bond.
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IBM wasted little time after its $5bn five tranche trip to the dollar market a fortnight ago, moving to tap the euro market for a €2.25bn triple trancher this week.
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The financial services arm of US automaker Ford has picked two banks to arrange a potential bond denominated in Singapore dollars.
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Australian energy firm AusNet Services started attracting bids for a 60 non-call 5.5 year subordinated offering on Monday. The hybrid issuance is denominated in Singapore dollars and marks the company’s first outing in the currency.
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Korea Resources Corp is looking to issue a dollar bond in the second quarter of the year as it needs up to $500m for overseas investments.
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The University of Edinburgh this week announced that it had raised a £200m loan from the European Investment Bank and a £100m private placement, after deciding against a £300m public bond.