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Goldman Sachs enjoys run of sterling bond taps

Goldman Sachs has recently launched more than 20 fungible sterling Eurobond issues for undisclosed investors, some of which priced at odds with the market, according to rival underwriters.

Since September 13 Goldman Sachs has priced and published nine increases to existing Eurobond issues, totalling £745m. A month ago Goldman announced 16 sterling taps in one go, for a total of £1.2bn. All of the transactions are for high quality borrowers, mostly rated triple A.

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