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Lull in dollar corporate supply supports spread levels
Red-hot corporate hybrid bond market could tempt more debut issuers
◆ Pearson pays up to reopen UK sterling paper ◆ Investors hungry for scant sterling supply ◆ Fellow UK media firm Informa opts for euros
Data
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Issuance just shy at this point of most recent year with more than €320bn in bond sales -
Skeleton staff remains in DCM and bond syndicate
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UK issuer is latest to use the market to diversify its funding lines
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Idea of counting securities underwriting emissions at 33% must be rejected
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Bank presses on with swingeing job cuts
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A more benign backdrop tipped to entice riskier credits into trades
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