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◆ 12 year tranche is longest euro trade in weeks ◆ Issuer goes for price then size ◆ Some concession needed for dual trancher
Investors maintain orders as issuers push tight, although some limits are appearing
◆ Canadian retail chain lands euro bond close to equivalent dollars ◆ Some concession needed for first new euro line in two years ◆ Minimal attrition as issuer pushes through 100bp barrier
◆ Vier Gas almost six times covered ◆ RCI Banque increases size ◆ Pair price with minimal concessions
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Earnings blackouts and higher funding costs to supress April supply -
◆ French firm raises €1bn with week's only deal so fair ◆ Books more than six times covered at close ◆ Slim premium offered — if any
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Markets have behaved in an 'orderly fashion', says global fixed income head in EMEA
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Distinction in Europe’s corporate bond market is not a bad thing
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Corporates take advantage of investor inflows and strong demand as supply edges closer to an all-time monthly high
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Explicitly guaranteed Dutch utility company expected to trade tighter against govvie and agency peers
