Maybank to pick four for $400m loan
Four lenders are close to being mandated for a $400m fundraising for Maybank, according to sources.
View ArticleBanks dash for dollars ahead of holidays
Banks continued to take advantage of the rally in high grade credit as Citigroup and Svenska Handelsbanken printed benchmark trades ahead of the Easter holiday.
View ArticleFunding scorecard: European supranationals and agencies
Read on to discover the funding progress of European supranationals and agencies in 2016 so far.
View ArticleMerger creates third largest bank in Italy
Banco Popolare and Banca Popolare di Milano will merge to form Italy’s third largest bank by assets, having been granted permission by the European Central Bank on Wednesday evening. The deal may...
View ArticleSecondary pricing update: the state of play before Easter
Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data.
View ArticleUS framework fails to track option fund risk, say analysts
The US regulatory framework offers little insight into the riskiness of hedge fund option portfolios, claimed treasury researchers this week, even as the industry reels from its worst year since 2009.
View ArticleBasel could fuel bonds as it axes models for big corporates
The Basel Committee has proposed scrapping internal models for large corporates and banks – which could push big borrowers away from the loan market and into bonds. But the Committee kept quiet about...
View ArticleHigh yield market sees some green shoots appearing before Easter
After a bruising first quarter, the European high yield market is seeing some encouraging data as market participants hope for a pick-up in issuance after the Easter holidays.
View ArticleMoody's warns of default risk for two Navient deals
Two recent private student loan ABS transactions from Navient are at an increased risk of defaulting due to high concentrations of collateral tied to a for-profit institution.
View ArticleABS secondary turns chaotic as liquidity crunch continues
The fixed income liquidity crisis that has developed over the past year is amplifying the turmoil in the secondary ABS market, where participants say pricing clarity has disappeared and dealers are...
View ArticleIndonesia's MNC Sky Vision returns for $275m
Indonesian television broadcaster MNC Sky Vision is back in the loan market for a $275m borrowing with two lenders at the top. The company was recently slammed by a credit rating downgrade because of...
View ArticleChina’s Yihai adds flavour to HK IPO market
Chinese condiment manufacturer Yihai International Holding is looking to list in Hong Kong, having filed a draft prospectus with the city’s exchange on Thursday.
View ArticleRed Dragonfly flies away with $126m loan
Chongqing Red Dragonfly Oil has raised a $126m onshore loan with a group of seven lenders joining in syndication.
View ArticleEyes turn to Q2 as Danske draws crowd
The recent turnaround in market sentiment could feed into a busy start for FIG borrowers in the second quarter, but Danske Bank was the only financial institution to take advantage in euros this week,...
View ArticlePTTEP Offshore seals $500m club
Thai company PTTEP Offshore Investment has signed up four lenders for a $500m club loan.
View ArticleChina ponders issuing domestic SDR bond
China is mulling the possibilities of issuing an SDR-denominated bond, the People’s Bank of China governor Zhou Xiaochuan said on Thursday.
View ArticleMacquarie ECM syndication team sees changes
A member of Macquarie’s equity syndication team in Hong Kong is understood to have transferred to another role within the bank.
View ArticleGuosen event of default still pending on auditor confirmation
Guosen Securities (Overseas) Company Limited, which said on March 31 that no event of default had occurred on its CNH bonds, issued another notice to bondholders on the same day via trustee Bank of New...
View ArticleRMB round-up: April 1, 2016
In this round-up, MSCI announced that its review of A-shares is underway, eight new institutional investors received RQFII licenses in 2016, Hong Kong saw further falls in RMB deposits and cross-border...
View ArticleGlobalCapital’s 2016 Bond Awards voting is closing
Voting closes today for GlobalCapital’s 2016 Bond Awards.
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