MAF returns for second bite of hybrid cherry
The UAE’s Majid Al Futtaim will begin investor meetings in Asia next week for a subordinated perpetual bond, the first from the Middle East this year.
View ArticleSarana Menara shareholder readies $130m sale
Indonesia’s Sarana Menara Nusantara said this week that one of its shareholders is planning to sell a stake in the company worth at least Rph1.7tr ($127.5m) at current market prices.
View ArticleIndia divests Bharat Electronics stock for $251m
The Indian government has raised Rp16.7bn ($250.5m) by selling a portion of its stake in Bharat Electronics through a popular offer for sale.
View ArticleYankees keep dollar FIG pumps primed
Two Yankee banks hit the dollar market so ensure that the pace of issuance continued to outstrip last year.
View ArticleParex seeks €865m loan to take out FRNs
ParexGroup, the French construction chemicals maker, has scheduled a bank meeting for Monday for an €865m seven year term loan to refinance €700m of floating rate notes, as Irish telecoms firm Eir...
View ArticleOCBC mandates as senior rally lowers covered supply hopes
Oversea-Chinese Banking Corporation (OCBC) has mandated leads to roadshow its debut covered bond. The announcement comes ahead of what is expected to be a relatively quiet week ahead reflecting German...
View ArticleSwedbank swoops into super tight Swedish senior mart
Swedbank launched a new five year on the back of ‘extraordinarily tight’ secondary levels on Friday, taking advantage of strong dynamics in the preferred senior market and a remarkable year for Swedish...
View ArticleApax completes Capio exit with Skr660m block
Apax Europe has sold its last remaining shares in Capio, the Swedish private healthcare group, for Skr660m (€70m).
View ArticleCME hauls in record volumes on interest rate contracts
The Chicago Mercantile Exchange has posted record volumes this week on its interest rate future contracts, surpassing previous records set just after the presidential election.
View ArticleUS risk retention rules prompt compliance worries in Europe
The implementation of US risk retention rules is proving contentious in the European market, with questions marks being raised over the fair value calculations used in UK RMBS deals, and a common...
View ArticlePanel says to expect friendlier regulators under Trump
The agenda on day two of SFIG Vegas kicked off with a post-election roundup of the regulatory landscape, with industry pros on a panel telling audience members that they were hopeful that the market...
View ArticleKktv5.com parent seeks Hong Kong listing
The company behind Chinese social media platform kktv5.com, Hangzhou Mi Lu Technology Co, is vying for a Hong Kong listing as soon as this year, according to a banker that pitched for the IPO.
View ArticleRegulatory gurus downbeat on harmonization
Global standardization of securitization regulation? Don’t bother, just make it easier for investors to compare different regimes, said panelists at SFIG Vegas on Monday.
View ArticleChina gives blessing to onshore FX hedging
The State Administration of Foreign Exchange (Safe) has followed up on a promise made at the end of last year, announcing on Monday that foreign institutional investors are now allowed to enter the...
View ArticleTake scalpel, not sledgehammer to CFPB
Participants on the "Important Developments in Consumer Law and the role of the Consumer Financial Protection Bureau" panel on the second day of SFIG Vegas noted that the industry should do more to...
View ArticleLev loan repricing trend has room to run
Panelists on a leveraged loan and CLO panel on day two of SFIG Vegas told delegates to expect the trend of leveraged loan repricings to continue, despite some thinking it had run its course in recent...
View ArticleOnline lenders to tap wider range of funds in 2017
The marketplace lending sector should expect to see heightened deal volume and a diversification of funding among lenders in 2017, panelists told audience members in a panel session on day two of SFIG...
View ArticleCSRC signals easing of China IPO approvals
Officials at the China Securities Regulatory Commission (CSRC) said on Sunday that they will continue approving IPOs at a faster clip as stability returns to the market.
View ArticleCompanies soar for new dollar outings
Three issuers from the aircraft industry, Grand China Air Co, China Aircraft Leasing Group Holdings and Hong Kong Express Airways, hit the runway for their respective dollar offerings on Tuesday morning.
View ArticleTRIM: The ECB’s Basel IV?
The ECB’s bank supervision unit has revealed more details about its ‘TRIM’ exercise, which, if successful, could be another nail in the coffin for Basel IV.
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