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Corporate bond market re-opens with new euro issues

Unilever and Parmalat plan to give supply-starved bond investors something to chew on with a brace of new bond issues in the coming days.

Unilever, the household products and food manufacturer, has launched a €1bn ($976m) bond issue via HSBC and Schroder Salomon Smith Barney (SSSB). Parmalat, the Italian dairy producer, has mandated Credit Suisse First Boston, SSSB and UBM, the Italian investment bank, to manage a euro issue.

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