Asian bonds robust in face of rate hikes after long boom
It has been a long journey to the deep and diverse Asian bond markets of today, taking in the rise of China, the emergence of local currencies and the region’s maturing dollar market. Now, investors...
View ArticleEUROPEAN CORPORATE BOND PIPELINE
GlobalCapital's latest information on forthcoming and planned corporate bond issues in the European market.
View ArticleCovered bond final flurry expected ahead of summer slowdown
Bankers expect two or three deals to emerge next week to take advantage of a strong market with no major events due that could cause disruption. It is the perfect window for those with a need to push...
View ArticlePipeline filling for pre-summer bond splash as Reckitt, Altarea announce
European corporate bond markets have quickly shrugged off the uncertainty surrounding the UK election result and central bank meetings, and look set for a busy end to June.
View ArticleAsia’s loan market: overbanked but innovation is stirring
The Asian loan market hasn’t exactly been a hotbed of inventiveness, but it’s still seen some changes. Domestic markets, particularly China, have become vastly more active, while the balance of power...
View ArticleCovered bond award categories considered
GlobalCapital invites readers to submit suggestions for this year’s annual covered bond award categories which will be voted on by the market from mid-July. Feedback included.
View ArticleSecondary pricing update: featuring Ontario's euro seven year
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.
View ArticleGiancarlo pivots to agricultural derivatives, repeats line on regulation
Acting chairman of the US Commodity Futures Trading Commission (CFTC) Christopher Giancarlo has again emphasised his belief that derivatives markets require less regulation to work efficiently, during...
View ArticleDelivery Hero to open €800m IPO on Tuesday
Delivery Hero, the Rocket Internet-backed online food delivery company, set a price range for its €747m to €866m IPO this morning, and will open the bookbuild on Tuesday.
View ArticleDanaher raises €850m with unusual sequence of price tightening
Danaher Corp, the US healthcare technology group, issued a €850m dual tranche bond on Monday. The latest Reverse Yankee issuer found strong demand for both tranches, resulting in minimal new issue...
View ArticleShopping mall CMBS set for strong reception despite retail sector woes
CMBS issuers are set to flood the primary pipeline with new offerings, including single asset deals backed by retail properties, in a sign that investors have yet to cool to the sector despite a stream...
View ArticleCompass cooks up tasty combo for bond and equity investors
Compass Group, the UK food service group, offered investors a choice of main courses on Monday, combining a €750m seven year bond with a £300m 12 year. Demand was plentiful for both and the new issue...
View ArticleNodal switches on power options
Nodal Exchange, the US energy and derivatives exchange, has introduced its first power options, rolling out 12 contracts covering energy futures from seven regional US hubs.
View ArticleESMA: No delay for trading obligation
The European Securities and Markets Authority — ESMA — on Monday said that it would not extend the trading obligation deadline for certain counterparties under the Markets in Financial Instruments...
View ArticleRaiffeisen to float Polish subsidiary by end-June
Raiffeisen Bank International (RBI) began gauging investor interest for the IPO of its Polish unit this morning, via Citigroup and its own investment bank.
View ArticleHKEX pinches Chai from LCH
Hong Kong Exchanges and Clearing — HKEX — on Monday hired Roland Chai from London-based clearing house LCH.Clearnet, and appointed him to the positions of COO of its clearing division, and head of...
View ArticleWaberer's €240m Budapest IPO offers big discount
Waberer's International, the Hungarian haulage firm, launched a Huf73.7bn (€239m) IPO on the Budapest Stock Exchange today, offering shares at a chunky discount to its US peers.
View ArticleMPL spigot on full blast with latest Marlette deal
Marketplace loan originator Marlette Funding is marketing its latest securitization following the pricing of breakout deals from Lending Club and Upstart last week.
View ArticleCTE's €2.92bn debut tempts investors to buy longer
Coentreprise de Transport d’Electricité made a statement with its inaugural bond issue on Tuesday. The holding company for the French power grid company achieved its aim of raising €2.92bn in three...
View ArticleEuropean CCPs signal route to distributed ledger
The European association of clearing houses — EACH — has responded to a European Commission report on fintech, supporting a move to distributed ledger technologies.
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