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Deal volumes picked up in the European Capital Markets throughout June as total proceeds soared beyond the elevated levels experienced at the last peak in October. The 48 deals that priced throughout the month amounted to total of $34.3 billion in proceeds, more than double the $14.3 billion taken in May. This surge in proceeds comes amid the unrelenting talk of sovereign debt crisis, amplified by the resurgent spotlight on Greek potential default and further austerity measures being pushed through.
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