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French SFR powers corporate bonds to record week

A debut benchmark bond from French mobile phone company SFR has pushed euro-denominated corporate debt issuance to a record for the second week in a row.

SFR launched the bond yesterday afternoon via lead managers HSBC, Natexis and SG Corporate & Investment Banking. The deal was increased from €500m ($602m) to €600m after attracting orders worth around €3bn.

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