RenCap makes picks new ECM head, bulks up US FI team
Renaissance Capital has hired a new head of international equity capital markets, and its US subsidiary RenCap Securities has added two senior bankers to its fixed income, currencies and commodities team.
View ArticleNorwegian distiller Arcus to float in Oslo
Ratos, the Swedish private equity group, has announced plans to list Arcus, the leading Norwegian supplier of spirits and wines, on the Oslo Stock Exchange.
View ArticleSynlab probes HY for €940m bond
Europe’s largest laboratory services company, Synlab, on Friday shot a new bond into the European high yield market deal to repay all of its 2022 floating rate notes.
View ArticleCBA struggles with A$ 10 year but scores solid five year success
Commonwealth Bank of Australia drew strong demand for its floating rate five year Australian dollar benchmark covered bond. The fixed rate five year portion managed to get to only half the size of the...
View ArticleNAB gets solid result with sterling covered, euro senior
National Australia Bank paid a minimal concession for a relatively large sterling five year, which it sold alongside a seven year senior unsecured benchmark, on Friday.
View ArticleNine banks line up for Allegro LBO
Nine banks have been mandated to arrange the financing for the leveraged buyout of Polish online marketplace Allegro, a senior loan will be launched into syndication later this month.
View ArticleFunding scorecard: French agencies
Find out how far progressed French agencies are in their funding programmes as we enter November.
View ArticleProSiebenSat.1 gets €515m for M&A in primary block
Shares in ProSiebenSat.1 Media, the German television, radio and publishing group, closed 7.4% lower on Friday after it completed a surprise €515m capital increase to finance future digital...
View ArticleTrump win may favour covered bonds
On the eve of the US election covered bond bankers considered what the election outcome might mean for their market. A clear victory for the Republican nominee, Donald Trump, would be likely to spur...
View ArticlePowerflute extends deadline on LBO, BMI follows
Finnish packaging firm Powerflute has extended the deadline on its €400m leveraged buyout by Madison Dearborn to this Friday, as has BMI Healthcare for its £285m refinancing.
View ArticlePerstorp lone high yield borrower amid US vote suspense
The visible European high yield pipeline was empty on Monday but for Perstorp, the Swedish specialty chemical company, which is running a seven day roadshow for its dual currency all debt refinancing...
View ArticleIcade sneaks in before US elections
A day of calm in European markets opened a window for primary issuance on Monday that French property investment company Icade seized, one day before the US presidential elections.
View ArticleYorkshire Building Society readies first post-TFS RMBS
The first prime residential mortgage-backed securities deal from a bank or building society since the Bank of England introduced its Term Funding Scheme (TFS) in August will begin making the rounds...
View ArticleBacit, Syncona and CRT Pioneer merge in new UK medical research fund
Three UK investment funds committed to the fight against cancer are coming together through a complex equity deal, to form what they hope will be a powerhouse of financing treatments to battle many...
View ArticleBanks less likely to win bids for Commerzbank's structured business
Banks may lose out to other market players in competition to buy Commerzbank’s structured investment and ETF businesses, which will be on the market from next year, once they have been carved out into...
View ArticleRussia touts November launch for long awaited oil futures
Russia plans to roll out a futures contract for crude oil by the end of this month, fulfilling a goal that has alluded the country for over 10 years but which the government believes will be a major...
View ArticleHigher volatility comes too late to help October exchange volumes
Volume figures released by the major derivative exchanges for the month of October show that equity derivative products continued to struggle despite an increase in volatility towards the end of the...
View ArticleEsoterics create movement in quiet ABS pipeline
An aircraft deal from Blackbird Capital and a timeshare offering from Diamond Resorts International are moving through the market as the ABS pipeline takes a pause ahead of the US Elections on Tuesday.
View ArticleNovo Banco mandates for first SME ABS deal in six years
Novo Banco is looking to place a senior class of Portuguese SME ABS paper from its Lusitano shelf, the first deal from the programme since 2010.
View ArticleMeyer Burger delays CB repayment with Sfr160m rights issue
Shares in Mayer Burger Technology, the Swiss solar panel maker, plunged 13% on Tuesday after it announced a recapitalisation programme involving a rights issue, an adjustment of the terms of the...
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