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GlobalCapital Loans Awards: The nominations

GlobalCapital has counted and verified votes for the 13th Syndicated Loan, Leveraged Finance and Private Placement Awards 2016.

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ICAP director to step down

One of ICAP’s independent non-executive directors is set to resign at the end of the year.

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Huhtamaki wraps up €400m refi

Huhtamaki, the Finnish food and drink packaging maker, has refinanced a €400m revolving credit facility and extended the tenor by a year.

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Commercial ABS issuance volume may see slowdown in 2016 – S&P

A declining number of new entrants to the commercial ABS space and a slew of corporate acquisitions could have a dampening effect on new issuance in 2016, according to a Standard & Poor’s report...

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Good riddance to withholding tax for PPs, says LMA

The UK government will introduce an exemption on withholding tax on interest on certain private placements from January 1, 2016, a move welcomed by the Loan Market Association.

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Troubled Nyrstar misses rights issue quorum, confident for January

Nyrstar, the Belgian zinc and lead producer, failed to reach a quorum at an extraordinary general meeting in Brussels today to approve its rescue rights issue. But it had expected this, and is...

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European DataWarehouse hires Moody’s exec for COO role

European DataWarehouse (ED) has named a former senior director at Moody’s Analytics as its new chief operating officer and deputy chief executive officer.

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Corporate Bond Deals of the Year 2015

GlobalCapital's best corporate bond issues, from a busy and eventful year in the market.

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High Yield Bond Deals of the Year 2015

Volume may have fallen in Europe's high yield market this year, but there were still plenty of exciting transactions. Find out which won GlobalCapital's awards.

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Redco relaxes terms on its 2014 dollar bond

Hong Kong-listed Redco Properties Group has completed a consent solicitation to modify terms and conditions of its outstanding dollar bond in a bid to have more flexibility to pursue business...

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Narayana prices IPO as Concor mandates

Narayana Hrudayalaya has continued the stellar run of healthcare-themed IPOs in India with its Rp6.13bn ($92m) listing, which priced on Wednesday at the top of the indicative range.

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PBoC extends RMB trading hours, widens FX market access

The People’s Bank of China (PBoC) has doubled the trading hours of the onshore foreign exchange market, the central bank said on December 23.

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Cipla, Lupin eye 2016 refis for bridge loans

Indian pharmaceutical companies Cipla and Lupin are set to tap the syndicated loan market in 2016 to refinance bridge loans they raised for acquisitions in early 2015.

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Tata Steel $1.5bn loan funded by 17

A $1.5bn refinancing for Tata Steel that went into senior syndication in early December has been funded by 17 lenders.

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BNPP shows investor support for French 'tier three' solution

The euro senior unsecured market finally came to life on Friday, with investors swarming all over a landmark BNP Paribas seven year and a large Rabobank floater.

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FCC waits for CNMV approval for €710m rights issue

Fomento de Construcciones y Contratas, the Spanish construction company, is still waiting for the Spanish financial regulator to approve its securities note for its rights issue, approved by the board...

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EIB prints A$300m in a busy Aussie dollar market

European Investment Bank rounded off a strong week for Australian dollar issuance from public sector borrowers, printing a five year note on Thursday.

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TwentyFour bolsters UK mortgage fund with new hire

TwentyFour Asset Management has hired ABS banker Silvia Pivia to work on its listed UK residential mortgage fund.

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RBC makes European equity-linked hire

Philippe Dischamps has joined Royal Bank of Canada as a managing director, seven months after leaving HSBC.

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Secondary pricing update: the 2016 open

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.

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