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Calendar quirk could keep issuance going in December
◆ Praemia refis at a tighter coupon ◆ Schneider lands tight at the short end ◆ Minimal concessions needed
French biotech seeks to accelerate cancer vaccine program
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Italy this week began the slow process of reopening its economy after months of strict lockdown. The country's equity bankers are busy preparing new deals, including IPOs, writes Sam Kerr.
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Governments must balance the risks to their public finances’ sustainability and a backlash from markets against the benefits of embarking on a major investment programme once the threat of the coronavirus retreats, the International Monetary Fund has warned.
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New issue premiums evaporated in the high grade corporate bond market on Wednesday, with multiple issuers printing well through their curve as the world begins to emerge from pandemic lockdown.
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National Express has become the latest London-listed company to tap equity investors for emergency funding, with a £235m capital raising.
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Rolls-Royce, the UK jet engine maker, has signed a £1.5bn short term revolving credit facility, as lenders say European and US aerospace companies are having to approach fundraising in vastly different ways.
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German meal kit delivery company HelloFresh has issued a €175m debut convertible bond to fund growth opportunities after reporting stellar first quarter results, as more consumers dine at home because of the restrictions imposed to help combat the Covid-19 pandemic in its key markets.