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Issuers leave concessions on the table as investors look more closely at individual names
Merck & Co and Ecolab Inc raised a combined $11bn as they took advantage of strong investor demand and tight spreads
◆ Defence firm's first deal in 16 years could entice more to follow ◆ Strong bid fuels price move ◆ Hedge fund demand debated
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German chip maker lands €750m just 5bp wide of IBM -
As Ares raises the largest direct lending fund, Goldman Sachs reorganises to serve the trend
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Boad's hybrid has a maturity date, unlike those from AfDB and AFC
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Biggest trade of the year sees official institutions pile into five year tranche
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Euro and sterling investors snap up fresh deals as Europe enters blackout
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Covered and corporate issuers almost wholly responsible for lower volumes
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