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“There's been a lot of share shift. And issuers now…” — Bloomberg Surveillance at 43:28

“There's been a lot of share shift. And issuers now, especially sponsor-backed issuers, can shop around for the best asset class and solve for their needs, whether it's structure or a specific debt package that they want, or it's simply cost of borrowing. That convergence between the asset classes ebbs and flows.…”

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