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◆ Books bulge for three year deal ◆ Sizes and new issue concessions reflect demand differences ◆ Trade comes amid major data dumps
◆ European and US growth figures released during bookbuilding ◆ Demand proves decent for EDF ◆ Worries bubble up that market is not pricing in risk properly
Conditions still favourable for CB issuers
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UK's Mark Capital turns to investment management company for funding
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Donald Trump’s assault on the tenets of US financial exceptionalism is a boon to European capital markets
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◆ Investors claw back some of the power in primary market ◆ Trade lands with high single digit concession ◆ Deal more than three times subscribed despite €1bn falling out of orderbook
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New issue premiums have risen in the European corporate market
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IG corporate investors have preferred bonds with higher ratings since tariff chaos began
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