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Deal liberates capital and tempts investors to take new frontier market risk
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The European Commission launched its European Green Deal on Wednesday, calling for “massive public investment” to tackle climate and environmental challenges which it calls “this generation’s defining task”. -
Jeremy Corbyn’s Labour Party has gained on its political rivals in the latest polls, a day before the UK's general election, leading to jitters in the corporate bond market.
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Langham Hospitality Investments has closed a HK$7.5bn ($958m) sustainability-linked deal with 11 lenders, marking the first loan of its kind from the hospitality sector in Asia.
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Kunal Gandhi, the head of corporate broking at Barclays, has left the bank, GlobalCapital understands.
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Sprawling e-commerce company The Hut Group completed a €600m term loan 'B' deal on Tuesday, changing its capital structure. The privately held company — touted as one of the few UK tech unicorns — has expansion ambitions in both online stores and web services, but is also making risky excursions into real estate.
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Voters go to the polls on Thursday to pick the next UK government, with the outside possibility of a far left Jeremy Corbyn-led Labour government keeping capital markets bankers awake at night. But the return of Marxism might hold some silver linings for them.
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