The primary pipeline continued to churn out deals with the European ABS calendar registering a 23 billion ($29.13 billion) lineup of issues in the beginning of last week.

Dealers began work for Globe Pub Issuer, a GBP257 million ($483 million) whole business pub deal for R20 consortium, who earlier this month withdrew its bid for U.K. pub manager Mitchells & Butlers. The transaction is backed by tenanted pubs managed by Scottish and Newcastle.

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