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Market Update: Ipreo Early Edition – The Week Ended April 26, 2019

As investors celebrated a better-than-expected GDP report that capped off a week of mixed quarterly earnings, the new issuance market slowed dramatically, pricing four deals (1 IPO, 2 FOs, 1 CVT) for total proceeds of $713.1M. Last week’s deal count represents a 76.5% drop from the prior week’s 17 deals, and the proceeds mark a 90.1% drop from last week’s $7.2B raised.

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