ICG CEO calls it a day
Intermediate Capital Group’s CEO and chief investment officer is to retire later this after 23 years at the firm.
View ArticleNexans resurrects 2015 syndicate for second run at bond since pulled deal
French cable manufacturer Nexans launched a €200m bond on Tuesday, bringing back the bookrunners on a bond sale it had to cancel two years ago — but this time, the market is ‘diametrically different’,...
View ArticleSweden sets sights on 2017’s tightest deal
Sweden is set to bring what could be the tightest SSA dollar benchmark of the year, as swap spreads in the currency moved back near their 2017 highs.
View ArticleMadrid lines up sustainability debut
The Autonomous Community of Madrid has announced that it will sell its first ever sustainability bond, joining the flock of borrowers landing in the socially responsible investment (SRI) market as the...
View ArticleSegro raises £576m for Heathrow property buyout, rump sells fast
Segro, the UK real estate investment trust, has successfully completed its £576m rights issue with a £16.7m rump placement this morning.
View ArticleInvestors diving in to Spanish mortgage credit
Investors are eager for Spanish mortgage exposure, with two RMBS deals due to be priced this week.
View Article'Tredge' to leave Credit Suisse after 31 years
Paul Tregidgo, vice-chairman of debt capital markets at Credit Suisse, will be leaving the bank on Friday, after a 31 year career.
View ArticleBasel Committee slams banks
The Basel Committee on Banking Supervision (BCBS) slammed global banks today after it determined that only one had achieved full compliance with a set of principles aimed at improving risk data reporting.
View ArticleNordic, Avista raise £780m in first ConvaTec block, sell £1bn to Novo
This evening, Nordic Capital and Avista Capital Partners have launched the first block trade in ConvaTec, the UK wound care and catheters company, since its blockbuster £1.6bn IPO in October. The deal...
View ArticleCobham shares rise as it sets terms for £512m rights issue
Cobham, the UK defence company, has today announced the pricing for its rights issue, a day after declaring that it was being investigated by the Financial Conduct Authority for its handling of inside...
View ArticleRussian and Chinese derivative exchanges form link
The Moscow Exchange and Dalian Commodity Exchange have agreed on a memorandum of understanding.
View ArticleÜlker breaks Turkey loan silence with $200m syndication
Ülker, a Turkish food manufacturer, has sent out a request for proposals for a $200m syndicated loan, making it the first corporate borrower from the country to enter the market this year, according to...
View ArticleSweden sets new pricing bar for 2017
Sweden made a big noise in an otherwise quiet dollar market for public sector borrowers this week as it printed the tightest priced benchmark in the currency so far this year.
View ArticleSpanish IPO fiesta continues as Neinor rises on day one
Shares in Neinor Homes, the Spanish home builder owned by Lone Star Funds, closed 3% above their IPO price on Wednesday after it made its debut in Madrid, in a show of investor confidence in the...
View ArticleCPPIB looks to land in euros as EFSF lines up
CPPIB Capital is looking to step across the Atlantic into euros, selecting four banks to roadshow its euro debut. Elsewhere, the European Financial Stability Facility (EFSF) sent out its first request...
View ArticleHybrids revived as Tennet brings first in green
Corporate hybrid bonds are emerging from hibernation blinking into the spring sunshine this week as Tennet brought the second benchmark sized transaction of the week following fallow months. But...
View ArticleSpire Partners looks to refi first CLO
Boutique CLO shop Spire Partners is looking to refinance its first CLO, shortly after closing its third deal earlier in March.
View ArticleEC closes curtains on LSE-Börse merger
The European Commission on Wednesday struck down the all-but-dead proposed merger of the London Stock Exchange Group (LSEG) and Deutsche Börse.
View ArticleHSBC hires CQS portfolio manager
Former CQS portfolio manager Greg Sadler will be joining HSBC as head of financial credit trading in Europe.
View ArticleSIX Swiss reorganises structured products
The SIX Swiss Exchange has announced that it will fully absorb the SIX Structured Products Exchange into its operations.
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