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Sole bookrunner Morgan Stanley gets deal multiple times covered
Trade was oversubscribed in under 20 minutes
In highly concentrated book, top 20 investors take 90%
The relaunched IPO was cancelled after leads attempted to reduce the transaction to around €300m
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Songs fund switches facility to fully dollar-based
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New investment adviser will raise further funds
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The pair join the business and relationship management team from Natixis and Barclays
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Growing number of deals comes despite threats to credit quality
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Ninety One European Credit Opportunities Fund looks away from PE firms