THFC sells £186m tap of No 3 bond, its biggest yet
The Housing Finance Corp, the conduit for UK housing association bond issuance, prevented there being a third day running without corporate bond issuance in Europe, by pricing a £186m tap of its THFC...
View ArticleHandelsbanken hires former HSBC banker Colldahl
Handelsbanken has hired Nils Colldahl onto its DCM team, as part of the bank's expansion of euro-denominated bond origination.
View ArticleDLA Piper names Chang as Beijing corporate partner
DLA Piper has named James Chang as a corporate partner in Beijing, the law firm said on Tuesday.
View ArticleHSBC picks UBS executive for private banking role
HSBC has hired a senior banker from UBS to oversee credit and lending products in its private banking unit in Asia.
View ArticleFoschini's capital increase grows to R2.5bn as investors back growth plan
Foschini Group, the South African fashion retailer, raised R2.5bn ($190m) of equity capital on Monday night in an accelerated capital increase that was increased from R2bn.
View ArticleOpen sesame: Myanmar’s stock market makes strides
The pace of growth of Myanmar’s capital markets has stalled since the first shares started trading on the Yangon exchange last year. But new laws allowing foreign investors into the market are finally...
View ArticleCoca-Cola to quench thirst for Turkish corporate debt
Turkey’s Coca-Cola İçecek (CCI) is set to offer investors a rare chance to buy Turkish corporate debt, and has announced its intention to raise up to $1bn from the bond markets within the next year.
View ArticleKT Corp meets pricing target with $400m bond
South Korea’s KT Corp grabbed $400m from its bullet bond on Monday through a smooth transaction in an otherwise quiet day for primary issuance.
View ArticleChile’s Codelco to buy back $1.4bn
Codelco, the Chilean copper miner that raised $2.75bn of debt last week to fund a tender offer of several bonds, will buy back just over half of its 2019s, 2020s and 2021s after wrapping up the...
View ArticleExclusive: CR Land plans ABS debut by year-end
China Resources Land is planning to issue its first mortgage and management fee-backed securities by the end of 2017, James Yu, the company’s chief financial officer, told GlobalRMB.
View ArticleCheyne Capital picks two levfin veterans for new fund
Cheyne Capital has hired two veterans of the leveraged finance market to head its newly announced sub-investment grade credit business, as it looks to capitalise on what it perceives as increasing...
View ArticleUS investors help push Axis notes inside curve
Axis Bank became the first Indian FIG name to sell a bond to US investors this year, sealing $500m on Tuesday and leveraging on its rarity value to price inside its existing curve.
View ArticleTug of war turns the other way in August
If the tension in the European corporate bond market is often about how much paper can issuers persuade investors to take, this August the pull is the other way. Investors are thirsty, and issuers are...
View ArticleFlurry of CLOs price in busy start to August
A slew of new issue CLOs were priced on Monday and Tuesday this week, with broadly syndicated, middle market and commercial real estate deals all vying for investor attention in a busy start to the week.
View ArticleIndia eyes Rp4.8bn from Hindustan Copper sell down
The Indian government is set to raise Rp4.8bn ($75.2m) through an offer for sale of Hindustan Copper's shares this week, according to an exchange filing.
View ArticleSingle-B bid to help Iraq sale
With a dearth of supply in emerging market bonds this week, investors have been keenly awaiting the arrival of Iraq's first public bond for more than a decade.
View ArticleECB tapering prospect not slowing SSA investors down
Although highly sensitive to monetary policy developments, investors are still supporting the meagre offerings that public sector borrowers are providing to the primary bond market.
View ArticleUK High Court waves through Frigoglass restructuring
Drinks refrigerator maker Frigoglass, of Greece, has received approval from the UK High Court for the proposed restructuring of its €250m of senior notes due in 2018.
View ArticlePeruvian utility joins Lat Am bond pipe
Cerro del Aguila, the Peruvian power generator, began investor meetings on Wednesday ahead of a planned international bond debut that will conclude with the merger of the borrower and existing bond...
View ArticleCzech covered law update to spur supply
The Czech Republic has proposed a number of legal amendments that will bring its existing covered bond regime into line with the European Banking Authority’s best practice guidelines and which, along...
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