Can a Laplanche change its spots?
Lending Club’s founder and former CEO Renaud Laplanche intends to stage a comeback with a new company, Credify Finance Corporation, but will the ghosts of his past come back to haunt his new venture?
View ArticleMedLife brings first Bucharest IPO for two years
MedLife, a leading Romanian private healthcare provider, has announced plans for the first IPO on the Bucharest Stock Exchange since 2014, as it seeks to capitalise on higher disposable income in the...
View ArticleSES returns for second hybrid
SES, the Luxembourg-based satellite operator, issued its second hybrid bond of the year on Tuesday as it pounced on a calm day in the euro corporate bond market and captured an increase in risk sentiment.
View ArticleTrump must avoid a prolonged battle with the Fed
For anyone who has habitually watched the testimonies of Federal Reserve chair Janet Yellen, last week’s session of the joint economic committee was notable for its political tone.
View ArticletrueEX pushes into non-cleared derivatives
trueEX, the interest rate swap trading platform, has broadened its push in the asset class with a new facility for trading, processing and novation of non-cleared contracts.
View ArticleGlobal exchanges warm up to natural gas
Derivatives exchanges are making a push on natural gas with three new initiatives unveiled, amid expectations that demand to trade such products across global markets is set to grow.
View ArticleAlly settles with DOJ over ResCap
Former General Motors subsidiary Ally Financial has settled its long running case with the US Department of Justice over it sale of mortgage securities through Residential Capital LLC in the run up to...
View ArticleTsinghua Unigroup follows bond with $300m loan debut
Tsinghua Unigroup is making its debut in the loan market with a $300m facility, as it looks to build relationships with banks as part of a strategy to expand internationally.
View ArticleSafran rebounds strongly after France sells 1.4% block at tight discount
After defence stocks emerged as a winning sector after Donald Trump’s victory in the US presidential election on November 9, the French government took the opportunity on Tuesday night to sell a 1.39%...
View ArticleBonds for Adecco and ASML but investors put foot down on pricing
Adecco and ASML won single digit new issue premiums on a positive day in the corporate bond market on Wednesday, but both issuers’ order books dropped when they tightened pricing.
View ArticleUK adds to syndication schedule
The UK Debt Management Office will have to raise an additional £20.6bn this financial year, including an extra syndication, following the announcement of the government’s borrowing plans in Wednesday’s...
View ArticleDaisy places PIK for Alternative Networks purchase
One month after failing to attract high yield investors for a sterling offering, UK telecom services supplier Daisy Group has successfully placed a PIK note with one lender.
View ArticleEuropean ABS investor confidence rebounds after summer slump, says JPM
A study by JP Morgan said on Wednesday that investor confidence has rebounded to its strongest level in two years, after hitting its lowest level since 2009 back in June.
View ArticleFMO prints debut Swedish krona sustainability bond
FMO has raised Skr700m ($75.4m) with its first sustainability bond in the Swedish currency.
View ArticlePetroleum Geo-Services surges after $225m cash call to buy back bonds
Shares in Petroleum Geo-Services, the Norwegian oilfield surveyor, closed 10% higher on Wednesday after the company completed a Nkr1.9bn ($225m) capital increase overnight, to strengthen its balance...
View ArticleLabrador brings aircraft deal to market
Labrador Aviation Finance is tapping the pre-holiday ABS market with a $709m deal backed leases on young aircraft collateral, bucking the trend of recent deals that have been backed by older planes.
View ArticleCapitalab adds FX options and forward rates compression
Capitalab, an entity within BGC Partners, has extended the compression service it operates to FX options as well as interest rate caps and floors.
View ArticleShaanxi LGFV pushes ahead with dollar deal
Shaanxi Xixian New Area Fengxi New City Development and Construction (Group) Co was the lone name out in the Asia dollar debt market on Thursday following a frenzied start to the week.
View ArticleMEFF launches wind energy derivatives
Mercado Español de Futuros Financieros, the Spanish futures exchange, is to start trading derivatives on wind energy.
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