Pre-migration untagged articles
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Emerging market investors were served with a dose of exotic paper this week as the Republic of the Seychelles priced its first Eurobond, a $200m five year transaction sole managed by Lehman Brothers.
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Another clutch of single names bubbled to the top this week, although dealers said that most were in the limelight for only one trading session.
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Kaupthing this week put to rest any concerns about Icelandic banks' ability to fund themselves in the capital markets by issuing a blowout $3bn offering.
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ITV, the UK's largest commercial broadcaster, launched a Eu500m and £250m bond this week that was warmly received — but only after ITV had bowed to investor pressure to grant a coupon step-up if it is downgraded to junk.
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Which investment bank is the most complex to understand? Which is the bank that, as Winston Churchill described Russia, is 'the riddle wrapped in a mystery inside an enigma'?