EURO CORP-High-grade stirs but Seat on knife-edge


By Natalie Harrison and Andrew Perrin LONDON, Nov 28 (IFR) - Imperial Tobacco and Daimler braved the investment-grade corporate primary market on Monday as credit indices recovered in a crucial week for sovereign funding, but the focus in high-yield was on whether distressed directory firm Seat can side-step a default. Credit derivative indices drifted tighter, but the mood was cautious ahead of a four-part Belgian debt auction which comes on the heels of a downgrade to the sovereign ...

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