Dometic, Safran star in block show, appetite for primaries too
The busy equity block trade action, widely predicted by ECM bankers when the US presidential election produced a bounce in share prices, has continued this week with a string of sales totalling over...
View ArticlePDVSA blame game no cure for cashflow crisis
Whether PDVSA bondholders choose to believe JP Morgan’s EM research team, or if they agree with the Venezuelan company’s CEO that the US bank is an “enemy of the fatherland”, they cannot have had a...
View ArticleDomestic disruption could send Santander Chile to overseas markets, says CFO
Santander Chile, which sent a strong message about its financing capabilities with two consecutive deals immediately after the US election result, will adapt to the Trump era with more international...
View ArticleWake up, FCA: active managers are the market
There may be grounds for criticising the UK’s asset management industry, as the Financial Conduct Authority has done this week. Finding that price competition among active managers is weak, it proposes...
View ArticleRMB round-up: record low PBoC fix, expanding Shanghai FTZ, new RQFII licensees
In this round-up, the People’s Bank of China (PBoC) sets the dollar-renminbi fix at a new record low, a new policy push for the Shanghai free trade zone (FTZ), and the China Securities Regulatory...
View ArticleWinson Oil seals $90m one year revolver
Oil trading and bunkering business Winson Group has wrapped up syndication of a $90m one year revolving credit facility.
View ArticleGAIL signs lenders into $300m refinancing
New lenders have been signed into a $300m refinancing for Gas Authority of India (GAIL), which was launched into general syndication in October.
View ArticleSouthbound flows are the real story of Stock Connect
Mutual market access (MMA) is about to be strengthened by the impending launch of Shenzhen-Hong Kong Stock Connect next month. While much of the focus has been on how access to China will improve, a...
View ArticleOver 200 foreign investors enter CIBM, says PBoC
The Shanghai branch of the People’s Bank of China published today a comprehensive list of foreign entities that have obtained direct access to the China interbank bond market (CIBM).
View ArticleAirAsia seeks listing of SEA assets in Hong Kong
AirAsia is planning two IPOs, one of which will package stakes in all its southeast Asian low cost carriers into a Hong Kong listing, the airline’s group CEO said.
View ArticleSwisscom wins third negative NIP of 2016
Swiss telecoms company Swisscom took domestic investors on a trip down negative lane on Wednesday as it printed a Sfr200m ($197.5m) eleven year note with a 9bp negative new issue premium.
View ArticleOCBC chooses euros as strategic currency for covered bonds
Overseas Chinese Banking Corporation will choose euros as its strategic currency of choice for covered bonds, according to chief financial officer, Darren Tan, who spoke to GlobalCapital along with...
View ArticleChinese covered bond law would help says Fitch
Fitch believes the Chinese covered bond market could prove a viable new source of funding for its banks, but suggests that a legal framework would offer a more sustainable approach for the development...
View ArticleSecondary pricing table: the run into December
Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data.
View ArticleFunding scorecard: European sovereigns
Find out how far progressed European sovereigns are in their funding programmes as we near December.
View ArticleRussNeft rises 1.5% after $500m Moscow float
RussNeft, the Russian oil company controlled by Mikhail Gutseriev, has completed its oversubscribed Rb32.3bn ($502m) IPO on the Moscow Exchange.
View ArticleSevern Trent breaks sterling silence
Severn Trent issued the first corporate deal for a month into the sterling market bond market on Monday as it tapped investors for a 15 year transaction.
View ArticleUS PE sponsors line up European mortgage deals
A Lone Star sponsored securitization of nonperforming and performing Irish mortgages has emerged, alongside a new UK reperforming mortgage deal from US private equity firm Cerberus Capital Management's...
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