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There is no crock of equity gold at the end of the rainbow
Partner has joined Clifford Chance from the newly merged rival magic circle law firm
MAG’s tightly priced bond adds credence to claims that Thames Water’s woes are isolated
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The spate of issuance in Europe’s corporate bond market continued today, with five deals totalling at least €2.7bn, including a crossover-rated bond for Energias de Portugal.
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Royal Bank of Scotland and asset management firm Alcentra have provided debt to back Mountain Warehouse’s management buyout of minority shareholder LDC.
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The European leveraged loan market is attracting ever more foreign issuers, new research from Dealogic has shown. The volume of loans in euros from non-European borrowers is at its highest level since 2007.
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Hertz, the US car rental business, hopes to price its €425m five year bond in the 4.375% area later today.
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The Loan Market Association has launched new documentation for use in leveraged acquisition finance transactions, the group announced on Tuesday.
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This week is shaping up to be another stormer for European corporate bond new issues. Despite Monday’s holiday, €7.6bn of deals are already on the clock, and bankers across the street say Thursday will be busy too.