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◆ Reoffer yield second lowest of the year ◆ Euro hybrid yields tear tighter ◆ Proceeds to refinance upcoming maturity
◆ Borrower prices inside fair value ◆ Sub/senior spread less than 100bp ◆ Issuer accelerates funding to take advantage of good window
The company is by far the most prolific issuer of hybrids in the Gulf
As thrilling as last week's Reverse Yankee-led corporate bond fest in Europe may have been, it did not confirm the market has matured to its magnificent final form
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Bevy of names on screen but deal sizes expected to remain modest -
Holdco tranche rated BB- finds good demand after pause
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Europe's new second biggest housing co raises €3.35bn for acquisition
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Tight spreads throw attention on to differences in credit and style
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Hybrid portion of triple trancher squeezes hardest on pricing
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Issuance from across the risk spectrum finds ample demand as buyers snap up deals
