NIB and Quebec join dollar fives party
The Nordic Investment Bank and Province of Quebec are set to hit the five year part of the dollar curve on Tuesday, a trade that has returned some bumper deals for public sector borrowers so far in 2017.
View ArticleAFT picks spot in curve for first French sovereign green bond
The Agence France Trésor has announced the maturity date for the first ever French sovereign green bond, which could be priced this week.
View ArticleDeutsche Telekom brings triple tranche with long end spread
With the euro primary market to itself, Germany’s largest telecommunications provider announced a triple tranche bond deal on Monday morning, luring investors to the long end of its offering.
View ArticleSovereigns flock to 10 year euros
Two more European sovereigns have hit screens with 10 year euro mandates, hoping to enjoy the same success that Portugal and Belgium with their deals at the 10 year range this year.
View ArticleMount Street snaps up former WestLB €29bn loan portfolio
UK based loan servicer Mount Street has bought EAA Portfolio Advisers, along with its contract to manage a €29bn loan and ABS portfolio of former WestLB assets, more than doubling the servicer’s assets...
View ArticleLife Healthcare trims rights issue by $130m
Shares in Life Healthcare Group Holdings, one of South Africa’s largest private hospital operators, closed 2.5% higher on Monday after it said late on Friday that its rights issue would be R1.7bn...
View ArticleCitigroup fined $25m for spoofing by Treasury traders
The US Commodity Futures Trading Commission has settled a charge of spoofing in the US Treasury futures market with Citigroup, resulting in an order to pay a $25m civil monetary penalty.
View ArticleTP Icap finds replacement for COO Pigaga
TP Icap, the interdealer brokerage arising from the recently merged Tullett Prebon and Icap, has made its first senior hire of the year, to replace chief operating officer Ken Pigaga, who is leaving.
View ArticleOHL's third Abertis block in 12 months comes flat to close
This evening, Obrascon Huarte Lain, the Spanish construction company, is selling a 1.84% stake in Abertis, the Spanish toll roads group, through an accelerated bookbuild that was covered very quickly...
View ArticleUK breaks book record — again
The UK Debt Management Office broke its record book size on Tuesday for the second time in three months, as it also enjoyed a healthy showing from investors outside the country.
View ArticleBNP Paribas seeks to break into ECM top 7 with new management
BNP Paribas’s global head of ECM is moving to a new job and the bank has hired a bulge bracket banker, aiming to expand its franchise in the business.
View ArticleThe covered bond squeeze has legs
Dealers are already running low on covered bond inventory and with this year’s first rush of new issues now done, a squeeze is already starting to get underway.
View ArticleSSAs devour demand in belly of dollar curve
Public sector borrowers are staying focused on the belly of the dollar curve, with a pair of issuers lined up for Wednesday. Demand at that part of the curve shows no sign of letting up, with two...
View ArticlePrivatBank bail-in means bail-in
Holders of newly nationalised PrivatBank’s Eurobonds are pushing back on the National Bank of Ukraine’s plans to bail-in the debt, but the government shouldn’t have to take on the liabilities of...
View ArticleNew US administration unlikely to radically reform GSEs
US Treasury secretary nominee Steve Mnuchin’s statement during his confirmation hearing that he did not support the recapitalisation and release of Fannie Mae and Freddie Mac should confirm observers’...
View ArticleImpact Healthcare Reit plans £160m care homes IPO
Impact Healthcare Reit, a newly created real estate investment trust focused on care homes, has announced its intention to raise £160m through an IPO on the London Stock Exchange.
View ArticleERIS as ED&F Man as clearer
ED&F Man Capital Markets, the financial brokerage business, has become the fifteenth clearing member of the ERIS Exchange.
View ArticleESMA voices concerns about CCP equivalence
The chairman of the European Securities and Market Authority, Steven Maijoor, has complained of a mismatch in the treatment of EU central counterparties by other regulatory authorities versus that of...
View ArticleLeasePlan mandates for UK ABS return
Fleet management solutions provider LeasePlan has mandated leads for its first UK auto lease ABS deal in five years.
View ArticleAtlantia tees up new issue
As earnings blackout season slowed primary corporate bond issuance, Italian infrastructure holding company Atlantia had buyers’ full attention as it held an investor call on Wednesday
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