Europe
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Alfa-Bank printed Russia’s first ever Basel III-compliant additional tier one deal on Thursday, and so popular was the deal that the issuer was able to increase the size from a planned $300m to $400m.
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After weeks in cruise control, syndicate desks began to rev up the pace of corporate issuance this week, bringing jumbo M&A and ultra-long dated bonds to market. -
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Norddeutsche Landesbank (NordLB) and Deutsche Genossenschafts-Hypothekenbank (DG Hyp) issued tightly priced German Pfandbriefe that benefitted from a rise in yields this week.
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