Allocations out for Air India $69m syndication
The list of investors that came aboard a $69m loan for Air India has been revealed. The company launched general syndication in October and brought in new lenders at the end of last year.
View ArticleS Chand starts guaging investor interest
Indian school textbook publisher S Chand and Co has begun pre-marketing its IPO, which comprises primary and secondary equity.
View ArticleThai Future Fund plans Q3 listing of first IPO tranche
Thailand Future Fund is expected to launch the first tranche of its Bt100bn ($2.9bn) IPO in the third quarter of this year, said bankers.
View ArticleTunisia unable to tighten seven year, sets yield at 5.75%
Tunisia has set the yield on its seven year euro bond issue on Friday morning at 5.75%, unchanged from initial price thoughts.
View ArticleDedicated funds help SEB reach record tight for debut green
Skandinaviska Enskilda Banken broke a near ten year record in setting a very tight spread for its debut green bond, helped by a maturing green investor base and a recent flight to quality.
View ArticleBC Partners hires Apollo IC's former president
BC Partners has hired the former president and chief investment officer of Apollo Investment Corp to head its own newly opened credit platform.
View ArticleBPCE enjoys solid covered reception for juicier seven year
French covered bond issuer BPCE attracted almost €1.4bn of demand for its seven year as the need to price over OATs conferred a generous new issue premium. But with French covered bonds trading much...
View ArticleFunding scorecard: French agencies
This week's funding scorecard looks at the progress French agencies have made with their funding plans so far in 2017.
View ArticleBerenberg scoops Advent's clean-up trade on DFS Furniture
Shares in DFS Furniture, the UK sofa retailer, rose 4.2% on Friday after its private equity owner Advent International sold its last shares in the company for £58.5m after the expiry of a lock-up and...
View ArticleKfW to come for euros as SSA tempo slows
KfW announced on Monday that it would sell a 10 year euro benchmark on Tuesday. But the breakneck pace of public sector issuance since the start of the year is expected to slacken this week.
View ArticleMcKesson brings first of reverse Yankee spate
The corporate bond market started the week on the front foot with a triple tranche Reverse Yankee from McKesson that is expected to pave the way for similar issuance, as bankers grow confident that the...
View ArticlePolitics to keep HY's losing hand in play, despite new Together deal
Bankers and investors believe Europe’s election schedule will drive up rates on new high yield bonds and increase the attraction of leveraged loans to issuers — even as Together Financial’s new...
View ArticleParatus to capitalise on tight UK RMBS spreads with new deal
Paratus AMC, the former GMAC-RFC entity that is now a subsidiary of Fortress Investment Group, has mandated leads for a new UK non-conforming RMBS deal backed by predominantly interest-only mortgages...
View ArticleAvantium brings €100m IPO for chemicals plant construction
Avantium, the Dutch renewable chemicals producer, intends to raise up to €100m by selling new shares on the Euronext Amsterdam and Euronext Brussels by the end of the first quarter.
View ArticleFrench election risk fears rise but vol still at lows
Despite repeated flare ups of headline risk in Europe and the US, technical factors are weighing on investors’ willingness to bet on volatility.
View ArticleTAIFEX to extend derivatives trading
The Taiwan Futures Exchange (TAIFEX) is to start an after hours trading session to increase participation.
View ArticleRBC esoteric ABS head lands at Lord Capital
Joseph Lau, managing director and head of non-traditional securitizations at RBC Capital Markets, has landed at New York-based Lord Capital after leaving the bank in January.
View ArticleRenovate America, Greenworks partner for commercial PACE financing
Residential Property Assessed Clean Energy (PACE) platform Renovate America is teaming up with commercial PACE finance firm Greenworks Lending to expand their footprint in commercial PACE lending.
View ArticleWith retail in trouble, Deutsche Bank says short CMBS
Deutsche Bank is telling investors that it may be time to place bets against the CMBS market, as mounting problems in the retail sector threaten the health of some post-crisis bonds heavily exposed to...
View ArticleRoom to breath: CFTC grants swap dealers more time on variation margin
With just over two weeks to run before global regulation on variation margin requirements for uncleared derivatives comes into effect, the Commodity Futures Trading Commission has given US market...
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