Vote Now: GlobalCapital US ABS Awards
GlobalCapital is pleased to present the nominees for the annual US ABS awards, recognizing excellence across the structured finance industry. This year’s awards will decide the winners in 19 categories.
View ArticleBP keeps Eurodollar flow going with opportunistic grab
BP Capital Markets kept its run of funding activity apace on Monday, with a $500m five year Eurodollar transaction that was over three times oversubscribed.
View ArticleSwedish SSA lines up green bond debut
A Swedish agency is set to make its long awaited debut in the green bond market on March 15.
View ArticleCreditors reject Heta offer in Carinthia clash
Creditors have rejected the chance to sell to the Austrian province of Carinthia discounted bonds in Heta, the bad bank created in 2009 to dispose of the assets of Hypo Alpe Adria.
View ArticleSecure Income Reit launches stock placing to widen shareholder base
Secure Income Reit, the UK business that listed on London’s junior stock exchange nearly two years ago, has launched a secondary placing of shares, intended to widen its shareholder base.
View ArticleHumana IPO book swiftly covered
Humana, the Swedish care provider, had by Monday morning obtained a covered book for its initial public offering, which could total up to Skr832m ($100m).
View ArticleOntario Teachers launches block to exit ISS
Ontario Teachers’ Pension Plan launched on Monday evening a block trade for all the shares it holds in ISS, the Danish cleaning firm.
View ArticleThat's a zloty: TriOptima swap tear-ups hit $750tr with Polish compression
TriOptima the over-the-counter post-trade service provider, has torn up more than $750tr in notional principal outstanding contracts since it launched its compression service for OTC derivatives in...
View ArticleEnergy risk tolerance toughens in futures and credit
In a reversal of fortunes, asset managers have become net buyers across major commodities since last week as credit spreads have tightened.
View ArticleClumsy rule-making could put retirees at risk and stifle options industry
Proposed changes to US financial advisor rules could ban options use in retirement accounts, leaving investors exposed and quashing a growing market.
View ArticleUPL finds six for $200m borrowing
Allocations for a $200m borrowing by Indian company UPL show six lenders joined the two mandated lead arrangers and bookrunners during general syndication.
View ArticleCades bring home dollar fives as L-Bank pauses
Caisse d'Amortissement de la Dette Sociale found strong demand at the five year part of the dollar curve on Tuesday, as L-Bank delayed a deal in the same currency and tenor.
View ArticleOntario Teachers exits ISS in ‘well oversubscribed’ block
Ontario Teachers’ Pension Plan fully exited its stake in ISS, the Danish cleaning firm, through a Dkr2.74bn ($408m) block trade on Monday night, which a lead banker said had attracted strong demand.
View ArticleKommuninvest powers through green debut
Kommuninvest was able to price $600m of March 2019 paper at the tight end of initial price thoughts on Tuesday, making it the largest ever green bond from a Nordic issuer.
View ArticleParex sells €150m FRN as HY market looks for single-B guidance
The €150m floating rate note issued on Tuesday by Parex Group, the French construction chemicals manufacturer, has single-B ratings, but high yield market participants said they need to see more issues...
View ArticleWarning: contents may be downgraded
The lead managers on Municipality Finance’s debut euro benchmark this week felt the need to remind investors that the issuer’s sovereign faces a ratings review on Friday. Are we entering a new era of...
View ArticleNixon exits MoneySupermarket with Tuesday block trade
Credit Suisse launched a block trade in MoneySupermarket.com, the UK price comparison website, on Tuesday night. The trade is the fifth and last public block sale by Simon Nixon, the company's co-founder.
View ArticleICE starts clearing Australian and Asia ex-Japan CDS
Intercontinental Exchange has begun clearing the iTraxx Australia and Asia ex-Japan Investment Grade credit default swap indices, as well as six individual sovereign credits in the region.
View ArticleMarkit launches FX trade affirmation service
Markit has launched a service that allows banks to affirm over-the-counter foreign exchange trades executed by interdealer brokers.
View ArticleMongolia eyes $500m from syndicated loan debut
The government of Mongolia is seeking $500m from its syndicated loan debut and has already received $250m of the funds.
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