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Volume dips only slightly despite there being a third fewer transactions
Retail and services company initially targeted €100m with third transaction since 2022
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Fundamentals have not changed but media storm makes investors long for clarity -
Holding company bonds battered: so far, secured bonds are only scratched
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New standards leave out impact but require transition plans and Scope 3
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Silicon Valley Bank’s collapse in March postponed the pipeline of state selldowns
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Creditors will also be looking to claw back what Zambia owes on its Eurobonds
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