Intesa prepares to syndicate €5.2bn Rosneft privatisation loan
Intesa Sanpaolo is seeking other banks to join the €5.2bn loan it has fully underwritten to support Glencore and the Qatar Investment Authority in their acquisition of a stake in Rosneft, the Russian...
View ArticleEuropean CLO refinancing picks up pace
Activity in the European ABS market is being driven by issuer appetite for CLO refinancing that has gathered momentum over the otherwise quiet festive period, while a debut European CLO from US issuer...
View ArticleUPP signs £105m loan for Uni of London
The UK’s University Partnerships Programme (UPP) has signed a £105m financing arrangement to back University of London's construction of new student accommodation in Stratford, East London.
View ArticleCBA and PBB hit sterling covereds
Commonwealth Bank of Australia swept up remaining demand in the now saturated five year sterling covered bond market on Thursday, while Deutsche Pfandbriefbank (PBB) got a fair reception for the first...
View Article‘Uncomfortably calm’ high yield investors wait for market first
Despite having bagged some of the most luscious annual returns in the capital markets last year, European high yield fund managers are entering 2017 with unease as they survey central bank distortion...
View ArticleUnither manufactures levfin market opening
French medicine manufacturer Unither Pharmaceuticals is set to kick off the primary market in European leveraged finance for 2017, setting a bank meeting for Monday in Paris for €260m of loans.
View ArticleASF tests investors' appetite for the long end with 10 year
Autoroutes du Sud de la France, the French toll road operator, tested the investment grade euro corporate bond market’s taste for tenor on Thursday with a 10 year trade.
View ArticleGE Money Bank to securitize retained French RMBS
Three senior tranches of a French RMBS transaction retained by GE Money Bank in France in December last year will be syndicated in the public market, opening up the European primary ABS pipeline in 2017.
View ArticleSuper hot SSA sterling close to record opener
Searing conditions in the sterling market could lead to a record opening week of SSA issuance in the currency as a pair of issuers lined up deals for Friday — despite this only being a four day week.
View ArticlePeople News in Brief
M&G private placement head departs — EFG Hermes boosts frontier biz — HSBC names e-trading heads
View ArticleCovered issuers must accelerate funding
With yields set to rise and spreads likely to widen, covered bond issuers should waste no time in getting ahead on 2017’s funding plans and doing the more difficult trades first.
View ArticleWorld Bank and IADB dust off Kanga bellies
Inter-American Development Bank and World Bank opened the Kangaroo market with five year prints on Wednesday and Thursday respectively. Strong Australian investor support made World Bank’s trade the...
View ArticleEIB and Cades get flexible in dollars
A pair of public sector borrowers switched up their approaches in dollars on Thursday, with the European Investment Bank taking the rare move of revising pricing and Caisse d’Amortissement de la Dette...
View ArticleThe battle for infrastructure — and how to finance it
Toby Fildes looks ahead to an even bumpier ride in 2017 when Fed rate rises might be the least of the global capital market’s worries.
View ArticleKommuneKredit to go first again
KommuneKredit will be first out the blocks in a major currency for the second week running this coming Monday, after mandating banks for a new benchmark on Friday.
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