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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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The bank’s initial target was $100m
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One bondholder said he was confident others would accept terms of consent solicitation launched on Tuesday
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CA CIB has grown market share in France but its strategy requires keeping its global reach
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Even the worst scenario of disorderly change would be a boon
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Oil producers hinder progress, rich countries reluctant to pay
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◆ Issuer's second largest dollar deal ever ◆ Tight spread to US Treasuries ◆ 'Challenging' geopolitical backdrop