France
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Demand was less than the previous French duo, but compelling for the larger deal size
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Rising tension in the Middle East and interest rates fears are creating a turbulent backdrop for IPOs
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After an abysmal September, covered bond volumes began to improve on Tuesday, as Caffil and Nationale-Nederlanden Bank returned to the market to raise €750m apiece, and Danish Ship Finance announced a new three year deal and a tender offer.
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The more spread the better amid violent market moves that mean opportunists will prosper
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Euro and sterling trades hard to evaluate but still get over the line
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Issuer builds book three times the deal size
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Crossover issuer mandates its debut green deal after a brace of SLBs
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€500m deal continues sector’s slow rehabilitation in the bond market
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Variety of corporate bonds in the works but volume expected to slow sharply
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France's IPO market has been in a deep freeze for all of this year
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Issuer’s debut green bond in the currency lands through euro curve
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◆ SocGen stands out with its first bond outing after new strategy revealed ◆ Debt investors show better welcome for the €2.5bn dual trancher than equity markets ◆ Crédit Mutuel Arkéa completes €500m tight print