Province of Buenos Aires extends restructuring deadline yet again
The Province of Buenos Aires has extended the participation deadline for its proposed restructuring for the 21st time — dashing the hopes of some analysts who had thought the deal could be wrapped by...
View ArticleDeutsche dishes out titles to EMEA IB top brass
Deutsche Bank has enhanced the roles of several senior investment bankers in EMEA as it looks to sharpen its focus on cross-border advisory and sector coverage in the region.
View ArticleStandard Chartered tends and extends AT1
Standard Chartered opened books for a dollar additional tier one (AT1) bond on Tuesday, pairing the new issue with an early tender for its perpetual non-call April 2022 note.
View ArticleTrionista TopCo launches €200m sustainable SSD
Trionista TopCo, a German sub-metering provider, launched a €200m sustainability-linked Schuldschein on Tuesday.
View ArticleFears of further pain in El Salvador as widening fails to lure buyers
Even after a hefty slump in its bond prices in recent weeks, investors are failing to see value in El Salvador as doubts grow around a much-needed IMF programme. Some believe there could be further...
View ArticlePMM: Renewed optimism for FIG borrowers
A pair of corporate borrowers and a surprisingly strong showing for FIG issuers in spite of the summer quiet in other markets provided bankers with reassurance that more deals are in the pipeline this...
View ArticleLandmark for direct lending as Ares strikes £1bn sustainability linked deal...
US alternative asset manager Ares has provided UK environmental services firm RSK with £1bn, with its margins tied to sustainable targets. While this is not the first sustainability-linked loan in...
View ArticleUK gov’t’s crackdown on local authority borrowing improves credit, says Moody’s
Moody’s has welcomed the UK government’s announcement of measures to strengthen local authority finances by limiting the sector’s capacity for commercial activity, particularly purchases of commercial...
View ArticleBecton, Dickinson basks in summer euro market
Becton, Dickinson & Co, the US medical technology company, found roaring demand for its four tranche trade on Tuesday, with the issuer managing to flatten its euro curve by 5bp despite the sluggish...
View ArticleCapital must go to adaptation as well as reducing emissions
Recent extreme weather events, viewed in the context of the sixth report of the Intergovernmental Panel on Climate Change, underscore the importance of directing capital not only to reducing carbon...
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