Kia Motors back in the driving seat for 144A bond
South Korea’s Kia Motors Corp is finally looking to make a comeback to the dollar bond market after an absence of five years and has mandated five banks to prepare a proposed 144A outing.
View ArticleUK DMO seeks fresh flexibility with 2016-17 funding plan
The UK Debt Management Office is reshuffling its funding strategy for the 2016-17 financial year, including adding the possibility of selling short to medium term conventional Gilts via syndication.
View ArticleRenewed confidence boosts US CLO primary
Improving macroeconomic sentiment and increasingly positive market fundamentals are jumpstarting the CLO market, with primary issuance picking up and investors loosening some criteria when investing in...
View ArticleCVC breaks European CLO deadlock
CVC Credit Partners' first European CLO of the year launched on Wednesday, with spreads on the triple-As grinding back to the 150bp level.
View ArticleCiti, Prosper marketing first deal of 2016
Citi is marketing a new deal from its CHAI shelf, the first deal of 2016 to be backed by loans originated through peer-to-peer lender Prosper.
View ArticleDelta Lloyd shareholders approve €650m rights issue
Delta Lloyd, the Dutch insurance firm, received shareholder approval on Wednesday for a capital increase to strengthen its solvency, after a bitter fight with some of its investors, who publicly...
View ArticleWesternisation of RMB volatility could intensify market swings
A growing trend of options traders pricing renminbi in line with G7 foreign exchange could increase the intensity of swings in market positioning, strategists have warned.
View ArticleCME to integrate truePTS post-trade services
CME Group has agreed to integrate truePTS, the post-trade business that was spun off from swap execution facility trueEX in December, into its preferred global network of regulated trade repositories.
View Article‘Risk-love’ score shows deriv investors ‘resolutely pessimistic’
A broad estimate of derivative market sentiment rebounded in March, but remains well below historically average levels.
View ArticleDeutsche Börse and LSE put heat on ICE with 'merger of equals' agreement
Deutsche Börse and the London Stock Exchange Group have agreed terms for an all-share ‘merger of equals’, in push for European derivatives dominance that turns up the pressure on US rivals.
View ArticleDaimler plans return to Panda bonds
German car maker Daimler is planning to return to China’s onshore Panda bond market with a private placement offering in the inter-bank bond market, several sources familiar to the deal have told...
View ArticleBrazil turmoil returns with Lula controversy
The timing of Brazil’s return to bond markets last week was looking better by the day this week as the controversy surrounding the appointment and then suspension of former president Luiz Inácio Lula...
View ArticleSSA deals shouldn't flop
It’s hard to pinpoint where the blame should lie for this week’s postponed L-Bank deal. Maybe for once none lies within the market.
View ArticleEurope enjoys Latin invasion as Femsa, Colombia price
Latin American borrowers are flocking to European bond markets like never before with Mexican beverage group Femsa and the Republic of Colombia the latest to join the trend this week.
View ArticleEuro corporate bonds: new monsters walk the earth
Anheuser-Busch InBev’s extraordinary €13.25bn bond, unthinkable only two months ago, has expanded the limits of what is possible in Europe's corporate bond market.
View ArticleIRSA increases bond as Argentines anticipate sovereign
Real estate company IRSA CP this week became the latest Argentine issuer to raise debt in the international markets as bankers continue to work behind the scenes on the sovereign’s forthcoming return...
View ArticleYunnan Provincial to meet investors for maiden dollar bond
Yunnan Provincial Investment Holdings Group (YIG) is set to go on the road for a series of investor meetings as it seeks to gauge interest for a possible dollar bond.
View ArticleDeutsche hires veteran banker as co-head of Apac ECM
Deutsche Bank has hired Jason Cox as a co-head of equity capital markets for Asia Pacific, as the bank lays out the management structure for the region.
View ArticleUOB hits market with dollar tier two tap
United Overseas Bank is making a quick return to the dollar bond market, reopening its $500m 2026 tier twos on Friday.
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