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◆ Only euro IG corporate deal on Monday ◆ Issuer slashes the spread and increases size ◆ Single digit concession spotted
High yields are keeping investors interested for now
Restructuring of €316m deal from 2021 is likely
Data
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First euro trade of the month sees 2.5 times demand -
Supply chains under renewed pressure as Europe teeters on edge of recession
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Deal pipeline uncertain as fresh volatility erupts from China’s distressed property sector
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The riskiest of investment grade issuers find themselves the belles of the ball
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Issuance not expected to return until the final week of August
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Turbine customers see little debt market blowback despite potential for major operational disruption
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