Falcon closes debut US trade finance securitization
Boutique trade finance firm Falcon Group closed a debut dollar-denominated trade finance securitization on July 5, as part of the company’s funding diversification strategy.
View ArticleCAN Capital resumes lending after six month pause
Online small business lender CAN Capital, is resuming its loan origination program following a recapitalization by asset manager Varadero Capital.
View ArticleIco prices tight with third social bond
Instituto de Crédito Oficial (Ico) sold its third social bond on Monday, printing €500m of four year paper with what bankers on the trade said was a skinny new issue premium.
View ArticlePBA plots euros to underline Argentina’s Lat Am dominance
In a deathly quiet week for Latin America’s bond markets, the Province of Buenos Aires announced plans for its first euro-denominated bond issue for more than 15 years, as Argentina continued to...
View ArticleMexican Findep mandates for roadshow
Mexican microfinance lender Financiera Independencia (Findep) began fixed income investor meetings on Thursday as it looks to sell up to $250m of dollar-denominated bonds.
View ArticleCredit Suisse hires Greater China loans VP
Credit Suisse has hired a banker for its Asia Pacific loan syndications team in Hong Kong.
View ArticleDerivatives choices in spotlight after Bond Connect, MSCI
The launch of Bond Connect and MSCI’s A-share inclusion are prompting global investors to rebalance their portfolios towards renminbi bonds and equities. But although investors enjoy a handful of...
View ArticleStanChart hires from Deutsche for financial markets sales
Standard Chartered has appointed a former Deutsche Bank banker as its new global head of financial markets sales, effective next Monday.
View ArticleFunding scorecard: supranationals
This week's scorecard looks at the progress supranationals have made in their funding programmes this year.
View ArticleABN sparks pricing debate after rare sterling outing
Bankers were at loggerheads deciding fair value for a short-dated print from ABN Amro on Friday, after the Dutch bank made a rare entry into the sterling market.
View ArticleCongested HY market up for McLaren sterling
The engines of sterling high yield issuance sound louder every week, with luxury carmaker McLaren and RAC Insurance adding supply to the already burgeoning sterling high yield bond market.
View ArticleResidential Secure Income Fund gets £180m for UK social housing investments
Residential Secure Income Fund, the closed end investment company, has raised £180m to invest in UK social housing, less than the £300m it sought, after pricing its IPO on the London Stock Exchange.
View ArticleSocGen makes string of DCM appointments
Société Générale has reshuffled its debt capital markets business, making a series of internal appointments within its investment bank.
View ArticleCaixaBank ups 15yr covered private placement, prices very tightly
CaixaBank quietly priced a Cédulas Hipotecarias issue on Friday, only 3bp wider than where Nationwide recently issued. At 1.5%, the yield will have attracted big German insurers and at 33bp over...
View ArticleCarrefour’s Carmila property arm gets €503m for development
Carmila, the retail property owner and manager owned by Carrefour, has bagged €503m in a capital increase, after acquiring a listing earlier in June by merging with Cardety, a smaller French property...
View ArticleDerivative volumes throw up a mixed picture for June
Volumes from the major derivative exchanges have been posted for June, with large variations emerging between institutions.
View ArticleDoBank IPO covered, books to close early
The up to €292m IPO of DoBank, the Italian non-performing loan manager, will close a day earlier than initially planned, according to a regulatory filing on Friday morning.
View ArticleNewStar Financial snaps up Fifth Street CLO biz
NewStar Financial has added around $726m of assets under management after buying Fifth Street Asset Management’s middle market CLO business, which had two outstanding deals.
View ArticleCMA stands firm, forcing ICE to sell Trayport
The Intercontinental Exchange (ICE) has lost the fight for its Trayport business and will have to sell the platform, the UK competition and markets authority (CMA) has ruled.
View ArticleBiggest FRN among €3bn HY deal spree
Four new high yield offerings, including the biggest floating rate note seen in Europe so far this year, entered the market on Monday. The FRN is a sign that frontiers are becoming blurred between...
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