UK
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After a moderate recovery in the value of many UK property stocks since their post-EU referendum slump, Oaktree Capital took the opportunity on Thursday night to sell 10% of Countryside Properties, the UK home builder, for £103.5m. -
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A much anticipated UK Supreme Court ruling that would decide whether the country’s parliament should vote on the invocation of Article 50 — officially starting the Brexit process — failed to stop the sovereign building a record syndication book on Tuesday.
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Although the European high yield market priced only one sterling issuer this week, some debt advisers say the pipeline is building up.
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Schroders this week launched a global high yield fund with US exposure, while BNP Paribas IP announced it will reduce holdings of US corporate high yield bonds.
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Following Lloyds Bank's creation of the "CB markets" division, combining trading with capital markets origination, James Garvey, the division’s boss, has laid out the management team for the new structure.
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WHSmith, the UK newsagent and bookseller, has signed a £130m five year revolving credit line to use as its working capital facility, it said on Wednesday, while raising its full year profit forecast.
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Impact Healthcare Reit, a newly created real estate investment trust focused on care homes, has announced its intention to raise £160m through an IPO on the London Stock Exchange.
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BNP Paribas’s global head of ECM is moving to a new job and the bank has hired a bulge bracket banker, aiming to expand its franchise in the business.
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The UK Debt Management Office broke its record book size on Tuesday for the second time in three months, as it also enjoyed a healthy showing from investors outside the country.
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UK tobacco company Imperial Brands hit the euro bond market on Tuesday for a dual tranche offering of 4.5 and eight year notes that won over three times oversubscription.
