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On the Beach, the online retailer of beach holidays, today completed its initial public offering on London’s main market, raising £90.2m.
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Pressure eased on Volkswagen’s bonds on Wednesday, as investors took stock and waited for the next turn of the company’s saga. Martin Winterkorn resigned as CEO in the afternoon, but that was hardly a surprise.
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Sorgente Real Estate System, the Italian property company, today launched its initial public offering in Milan, according to a banker on the deal.
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NRW.Bank has priced a benchmark at the tight end of guidance in the busiest dollar SSA market in several weeks — one that could still host a few more deals.
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A pair of issuers are set to bring the first euro benchmarks of the week on Thursday, amid calls for the European Central Bank to skew its bond buying in favour of the public sector.
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Nordic Investment Bank tapped a 2018 Kauri bond on Wednesday, creating its largest line in New Zealand dollars.
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International Finance Corporation has printed a series of medium term notes in rare emerging market currencies in the past weeks and there may be more such MTNs to come from public sector borrowers.
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Meggitt, the UK engineering company, has increased its acquisition credit facility to $600m to buy the composites division of EDAC, formerly known as Parkway Aerospace and Defense.
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Three shareholders in HKBN have exited from the Hong Kong-listed telecommunications company, raising a collective HK$614.2 ($79.3m), in what is the first accelerated block in the stock since its IPO in March.
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Arrow Global, the UK distressed debt buyer and manager, on Wednesday issued a €110m tap of its €225m floating rate high yield bond, to support business purchases in the UK and Portugal.
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Coca-Cola made an impressive debut in Swiss francs on Tuesday with a three tranche deal that matched Shell’s August record-breaker in size.
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Hyundai Samho Heavy Industries sold all of its holdings in South Korean steelmaker Posco on September 22, with the accelerated share sale raising W226.45bn ($191.78m) after pricing near the wide end of guidance.