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◆ French firm raises €1bn with week's only deal so fair ◆ Books more than six times covered at close ◆ Slim premium offered — if any
World first deals could break new ground in sport risk management
A prolonged oil shock will hurt airlines, but a Covid-style industry collapse is a long way off
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Lull in issuance imminent but searing hot market could entice more borrowers before party ends
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Strong corporate demand bodes well for the rest of the credit market
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◆ Real estate company tightens hard on spread ◆ Deal lands well inside fair value… ◆ …but order book shrinks substantially as a result
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◆ US delivery firm prints seven and 12 year bonds ◆ Equal spread tightening on both tranches ◆ Investors flush with cash jostle for scarce issuance
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◆ Debut issuer draws solid demand ◆ Orderbook almost touches £1bn at peak ◆ Investors see triple B corporate sterling as enticing prospect
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