Too many to fail? Debt bookrunners soar

Banks chase debt deals as syndicate groups swell to record levels with Sinopec's latest bond.
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Sinopec's latest bond issue involved no fewer than 12 banks
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<div style="text-align: left;"> Sinopec's latest bond issue involved no fewer than 12 banks </div>

The debt world has been hitting all kinds of records of late, with unprecedented new issue volumes. But not all of these records are the stuff to boast about.

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