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Embattled utility makes final plea for court to sanction £3bn in emergency funding
Thames Water refinancing battle is an unedifying mess
Embattled utility asks judge to approve £3bn lifeline as creditor groups keep fighting
High yield issuers may be worried about market access, but some do not see them losing it
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Singaporean logistics company GLP used a subordinated perpetual bond structure to raise $300m of green funds this week.
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Following the launch of as many as 10 transactions this week targeting a total of €4.7bn, the high yield market is close to notching its sixth month of more than €10bn of issuance.
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Chinese real estate company Hopson Development Holdings returned to the offshore bond market for the fourth time this year on Monday, this time taking an aggressive approach to pricing its $200m deal.
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Polish consumer collection business InPost launched senior unsecured high yield bonds on Monday, to fund its acquisition of French peer Mondial Relay.
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Sino-Ocean Capital Holding has raised $500m from a two year bond. The deal was the company’s longest in the offshore market, but came with a weaker structure than its past outings.
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Tyre manufacturer Gajah Tunggal had to battle weak sentiment around Indonesian credits to sell a $175m bond this week.