Green market doesn't need govvies
Market participants are clamouring for sovereigns to join France and enter the green bond market. It would likely help the market, but would it help the environment?
View ArticleCFE CFO hails flexible Formosa after debut
DCM bankers say that Taiwan’s Formosa market could offer compelling funding options for several Latin American bankers after Mexican utility CFE became the first Lat Am corporate to issue in it this week.
View ArticleLehman ABS alumnus lands at PACE shop
Sei-Hyong Park, who formerly worked in Lehman Brothers' securitization division, is now at Property Assessed Clean Energy (PACE) platform Renew Financial.
View ArticleArgentina stuns bond markets with century splash
Argentina had market participants choking on their churrasco this week with a century bond that triggered mixed reactions but sent a clear message about the bond market’s extraordinary ability to back...
View ArticleLat Am issuers plan ahead despite oil sell-off
Pampa Energía’s peso-linked bond plans and Banorte’s proposed perpetual paper are the picks of Latin America’s bond pipeline, as the region’s issuers ready another wave of corporate issuance, despite a...
View ArticleFunding scorecard: European supranationals and agencies
This week's funding scorecard looks at the funding progress various European supranationals and agencies have made in their funding programmes.
View ArticlePfandbrief consolidation continues
Amalgamation of the German covered bond sector looks set to endure as Berlin Hypothekenbank (Berlin Hyp) will potentially subsume Deutsche Hypothkenbank, a subsidiary of NordLB which it is considering...
View ArticleECB makes bid for clearing powers
The European Central Bank on Friday submitted a recommendation to allow it to regulate “clearing and payment systems”, both within the European Union and in other countries.
View ArticleBNG prints sterling tap ahead of ‘competing supply’
Bank Nederlandse Gemeenten has raised £150m with a tap of a March 2022 line, ahead of more supply in the currency next week, according to a BNG funding official.
View ArticleSuccess for Ireland as Allied Irish rises 5% after €3bn IPO
Shares in Allied Irish Banks rose 5% when they began trading on Friday after an excellent response to its €3bn IPO, in which the leads gave nearly a third or investors zero allocations.
View ArticleEcon committee sets out three tiers of covered bonds
The European Parliament’s economic and monetary affairs committee (Econ) has voted on an own-initiative report on covered bond harmonisation and outlined a three tier approach to the asset class. The...
View ArticleCS asset finance boss follows Henrion to M&G’s new consumer fund
Vaibhav Piplapure, the head of EMEA asset finance at Credit Suisse, is following former CS solutions head Jerome Henrion to run M&G’s new consumer assets fund.
View ArticleHKEX and LME take a shine to gold
The Hong Kong Exchange (HKEX) has announced that it will introduce trading on RMB and dollar-denominated gold futures from July 10.
View ArticleFashion group SMCP to try IPO again
French fashion group SMCP is ready to pursue a listing again, after canning its IPO plans last year in favour of a sale to China’s Shandong Ruyi Technology Group Co.
View ArticleGetBack offers up to 60% discount on Polish IPO
The bookrunners on Polish debt collection agency GetBack’s Z1.1bn (€259m) IPO in Warsaw are marketing the deal at an eye-popping discount to its closest peer.
View ArticleEuro CLO primary market in full swing
A slew of European CLOs were priced last week, giving investors the opportunity to get their hands on new issue, refinancing and reset paper as the market heads into summer.
View ArticleCarrefour's Carmila property arm to raise €503m in IPO-like deal
Carmila, the retail property owner and manager owned by Carrefour, launched its capital increase today, seeking €503m of new capital, after its merger this month with Cardety.
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