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Bonds of energy importers have sold off again, but there has been no market crash
Issuers struggle over what concessions investors will require
The break in primary maret activity has now lasted longer than the one that followed the 'liberation day' US tariff announcement last April
Data
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Company in 'no doubt' a public trade would have delivered better pricing -
Another defaulter, Argentina, likely to tap market this year
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Books were nearly three times the issue size
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LatAm agency brings second digital bond this year in the currency
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One banker warned the market is 'treading on eggshells', despite the record start
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◆ Higher rated Austrian lender offers more spread for similar senior preferred bond ◆ Big demand pushes deal inside fair value ◆ BCP still prints its tightest unsecured debt for more than five years
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CAF gearing up to transform regional development
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