Covered bond issuers eye front loading opportunities
Covered bond issuers and investors are readying themselves for political volatility in 2017 that will create patchy windows of market activity, according to panellists at the Afme/VDP covered bond...
View ArticleFrench M&A to add to levloans
Two further French M&A loan deals are lined up to join the leveraged loan market, with sponsors finding the post-US election leveraged loan market increasingly accommodating.
View ArticleFunding scorecard: European supranationals and agencies
This week's funding scorecard looks at the progress European supranationals and agencies have made with their funding programmes.
View ArticleLaird launches £185m rights issue to cut debt via JPM
Shares in Laird, the UK supplier of mobile phone parts to Apple and Samsung, fell by as much as 18% on Friday morning after it announced its intention to launch a £185m rights issue to reduce its...
View ArticleSecondary pricing table: featuring KfW's $1.5bn green bond
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 ArticleAustrian gas co moves contracts to boost trading
Austria’s Central European Gas Hub has moved its exchange spot and futures contracts over to the PEGAS pan-European platform managed by Powernext.
View ArticleTanker derivatives body hoists wet chairman
The Tanker FFA Brokers Association has elected a new chairman.
View ArticleAll eyes on consolidation, funding diversification at MPL confab
Platform consolidation and diversification of funds were the dominant themes at IMN’s second annual Investors' Conference on Marketplace Lending in New York on Thursday, as the industry adapts to...
View ArticleGlobalCapital Asia regional capital markets awards 2016, Part I: Loans
In the first instalment of our 2016 awards, we present the winners for Best Leveraged/Acquisition Finance, Best Investment Grade Syndicated Loan, Best High Yield Syndicated Loan and Best Loans House.
View ArticleGlobalCapital Asia regional capital markets awards 2016, Part II: Equity
In the second part of our 2016 awards, we present the winners for Best Equity-Linked Deal, Best IPO, Best Follow-on/ABB and Best Equity House.
View ArticleThis week in renminbi: December 5, 2016
The week begins with the long-awaited launch of the Shenzhen-Hong Kong Stock Connect, while in the foreign exchange (FX) markets the RMB volatility led to a new record in RMB futures traded on the...
View ArticleFashionably late: MoF to price second 2016 RMB auction this week
Despite a slight delay to its usual schedule, the Chinese Ministry of Finance (MoF) announced it will be auctioning Rmb10bn ($1.44bn) in the second batch of offshore renminbi (CNH) bonds in Hong Kong...
View ArticleZhenjiang Transport eyes dollars as LGFVs mandate
Asia ex-Japan debt capital markets had a quiet opening on Monday, with a sole Chinese local government financing vehicle (LGFV) out for dollar funding. On the same day, another two LGFVs announced...
View ArticleChina Minsheng Bank preps investors for debut AT1
China Minsheng Banking Corp is looking to sell its inaugural Basel III bank capital offering, having picked banks to prepare a dollar-denominated additional tier one (AT1) bond.
View ArticleIntas $767m dual currency deal enters senior
A dual currency acquisition financing for Indian company Intas Pharmaceuticals’ purchase of a portfolio of assets in the UK and Ireland, was launched into senior syndication last week. The trade offers...
View ArticleYunnan Energy makes beeline for new deal
Chinese local government financing vehicle (LGFV) Yunnan Provincial Energy Investment Group is making its return to the international bond market, marketing a dollar-denominated dual tranche offering...
View ArticleBaozun starts taking bids for $85m follow-on
China's Baozun opened books on Monday morning for its first follow-on offering since its Nasdaq IPO in May last year, and is looking to raise around $85m.
View ArticleTata AutoComp picks two for acquisition loan
Two banks are understood to be working on a financing to support Tata AutoComp Systems’ acquisition of an engine cooling supplier.
View ArticleIntl banks named for Shanghai FTZ bond
The Shanghai Municipal authority is set to issue its first free trade zone (FTZ) bond on December 8. Three international banks have joined the large syndicate that will bring the deal to market.
View ArticleLaurus Labs kicks off bookbuilding for Rp13bn float
Indian pharmaceutical firm Laurus Labs has opened books for an IPO that could raise Rp13.3bn ($195.3m), set to be the year's last big listing in the country.
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