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Dufry, the Swiss duty free shop chain, will on June 11 start building the book for the Sfr2.2bn ($2.4bn) rights issue it signalled in March, as part of the financing for its €3.6bn takeover of World Duty Free.
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BC Partners sold its last shares in Foxtons Group, the UK estate agents, on the evening of Wednesday June 3, in an accelerated bookbuild managed by Jefferies.
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Three more firms joined the long list of prospective IPO issuers on Wednesday, as Cairn Homes, Sophos and Euskatel released intentions to float.
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Oil futures markets have experienced a marked lack of volatility in recent sessions, despite the Organisation of the Petroleum Exporting Countries (Opec) meeting in Vienna on Friday.
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Motability Operations Group, the UK provider of cars and powered wheelchairs for disabled people, drew a chunky order book for an eight year euro bond on Wednesday, using a generous new issue premium to offset difficult market conditions.
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The Finanzagentur is set to make its first appearance in syndicated format since 2009 with a 30 year inflation linker that will extend the sovereign’s inflation linked curve.
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The latest developments in Greece’s negotiations with its creditors appear to have comforted investors. The country’s two year yield has fallen over 100bp this week.
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European Investment Bank tapped a 2021 sterling floating rate note for £250m on Wednesday. Some sterling buyers are moving from the short end to the belly of the curve in search of yield, said SSA bankers.
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Ineos, the UK chemical company registered in Switzerland, is allocating €2bn of leveraged loans after an amend-and-extend exercise that led to refinancing some dollar debt.
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Podemos, the Spanish left wing party, will meet representatives of the International Monetary Fund on Friday, to discuss Podemos's ideas about dealing with Spain's national debt.
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Latvenergo, a state-owned Latvian electricity company, opened books on a sub-benchmark sized green bond on Wednesday morning — its first ever international bond deal and Latvia's first green bond.
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Santander UK’s debut additional tier one (AT1) impressed on Wednesday, drawing £5bn of demand and lending confidence to a string of issuers looking to print before the summer amid tricky conditions.