OeKB alone in core currencies in big FOMC week
Oesterreichische Kontrollbank is the only public sector issuer on screens for Tuesday business in either euros or dollars, with supply in the latter likely to be dampened this week due to a crucial US...
View ArticleFemsa serves up rare Heineken liquidity with €2.5bn block trade
Femsa, the Mexican soft drinks and retail company, is selling a €2.5bn chunk of its holding in Heineken, which it acquired in 2010 when the Dutch brewer bought its brewery division.
View ArticleSGX creates indices from products
Singapore Exchange (SGX) has used the iron ore futures listed on its derivatives market to create a series of inverse and leveraged indices for tradable products.
View ArticleEchlin and Drew move on as Credit Suisse rolls out senior revamp
Credit Suisse has replaced Marisa Drew and Mark Echlin as co-heads of EMEA investment banking and capital markets with Mathew Cestar and Jens Welter. The bank also announced a senior hire in leveraged...
View ArticleMiller Homes builds debut HY offering in tightening sterling market
UK housebuilder Miller Homes will start a two day roadshow for its first high yield deal on Tuesday, as spread tightening for sterling bonds with speculative grade ratings more than 100bp so far this...
View ArticleCredit Suisse hires top levfin banker Ross
Credit Suisse has hired David Ross, a veteran of the EMEA leveraged finance markets, to co-head its EMEA leveraged finance capital markets group.
View ArticleDeutsche Bahn tests water down under
Deutsche Bahn is soft-sounding investors about a lengthy Kangaroo bond, with an eye on Australian and Asian buyers.
View ArticleEIB looks for Kanga green buyers
The European Investment Bank opened a tap to its January 2028 Australian dollar Climate Awareness Bond on Tuesday.
View ArticleSibanye Gold caps off Stillwater refinancing with $450m CB
Sibanye Gold, the South African gold miner, took the final step towards refinancing its acquisition of US platinum miner Stillwater on Tuesday, when it issued a $450m convertible bond.
View ArticleHeavyweight returns to SSA and EM market
A big name in SSA and emerging markets syndicate has returned to the primary markets, joining the desk at a French bank.
View ArticleWho cares about tapering?
If the market commentariat thinks that the buy side should be worried by upcoming European Central Bank tapering, then someone has yet to tell investors.
View ArticleToys‘R’Us woes should prompt CLO managers out of retail
Toys‘R’Us has filed for bankruptcy protection in the US and Canada as it attempts to restructure its debt. Its woes should be another hint to CLO managers that its time to cycle out of specialist...
View ArticleOeKB back in euros — with a bang
Oesterreichische Kontrollbank has made a triumphant return to euros on Tuesday as it printed in the currency following a more than eight year absence. Elsewhere, Nederlandse Waterschapsbank sold a...
View ArticleBNPP becomes Hong Kong clearing member
BNP Paribas has become the seventeenth clearing member of OTC Clearing Hong Kong, the clearing subsidiary of Hong Kong Exchanges (HKEX).
View ArticleAlternative data could reshape SLABS landscape
New and alternative sources of data beyond FICO and other traditional credit scoring metrics have the potential to dramatically alter the landscape for student loan ABS, according to speakers on day...
View ArticleCerberus MD warns on middle market as new funds pile in
Speakers at ABS East in Miami on Tuesday highlighted the heat in middle market lending, as new funds chase yield in the sector with increasingly aggressive deal terms and financing methods.
View ArticleUS buyers clamour for Virgin RMBS
Virgin Money’s first prime UK RMBS deal of the year was well received by domestic buyers, but demand was particularly healthy in the US, with the dollar tranche of the deal heavily oversubscribed.
View ArticleOman Oil subsidiaries sign fifth facility this year
Oman Oil Company Exploration and Production (OOCEP) has signed a $1bn loan with 11 banks, which marks the fifth loan to come from the state owned Oman Oil group.
View ArticleL-Bank picks up $500m with cheeky pre-Fed floater
L-Bank has snuck in at the last possible moment before the end of a crucial US Federal Reserve meeting to raise $500m with a comfortably oversubscribed floater.
View ArticleStada and Miller ready to go
The German pharmaceutical company, Stada, and the UK housebuilder, Miller Homes, both complete their high yield bond roadshows on Wednesday with the deals expected to follow before the end of the week.
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