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Five year bond set to be priced much tighter than the development bank's last senior issue
International Finance Corp’s drive to introduce development finance to the CLO market is advancing. Its second deal of $509m had more investors, more tranches and better pricing, supporting its rapid growth
Investors were eager to tender their bonds despite initial resistance
Increased investor interest in utilities hybrids could bring down subordination premium, says SSE treasurer
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Books for the short-dated trade are already three times covered -
There is 'huge' interest from the private sector to investing in Ukraine, but cash will not come during the war
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The deal has not been pulled or put on hold, said sources involved
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Financing consists of three tranches of loan facilities
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A Swiss borrower and Austria's Egger are in the market
