Europe
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CEE bank bonds have done well in secondary since the last bout of supply in June
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Reluctance to show hands has led to smaller books and higher concessions
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Whether to push on with supply or take a break divides participants
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Deluge of deals coming, but demand could quickly become exhausted
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European deals will need to attract institutional anchors, and keep away the hedge funds
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Fears of contagion from Chinese defaults yet to shake sentiment
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Borrower lands short maturity deal with single digit concession
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Sobi plans to repay debt from an acquisition through a non-underwritten rights issue
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Imminent half year results will reveal whether the new Swiss bank is a hastily patched monster or a new financial powerhouse
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The Japanese seller will prioritise aftermarket performance over high valuation, say sources
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Deals from three to 10 years sail through this week as market returns
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Central bank warns that debt stresses are going to rise to levels not seen since the global financial crisis