Oman books over $7bn for $2bn-$2.5bn bond
Oman has released final price guidance for its dual tranche note with order books in excess of $7bn.
View ArticleSoc Gen goes in-house for new public sector head
Société Générale has appointed a new head of public sector origination, handing the position to someone already working within the bank.
View ArticleRATP falls just short after ECB confusion
Régie Autonome des Transports Parisiens struggled to fill the order book for a no-grow €500m bond on Wednesday, thanks in part to confusion surrounding its eligibility for purchase by the European...
View ArticleJPM marketing its first prime jumbo RMBS of 2016
JP Morgan is marketing its first prime jumbo transaction of 2016, looking to sell $412.7m dollars of bonds back by a pool of 581 residential mortgages.
View ArticleANZ gets blowout book on first Aussie AT1 abroad
ANZ became the first Australia-based bank to launch a foreign currency additional tier one (AT1) this week, attracting a blowout book for the $1.5bn trade.
View ArticleBRFkredit to roadshow its second euro covered bond
BRFkredit, the Danish mortgage bank, has mandated leads for a roadshow and aims to issue its second euro benchmark covered bond.
View ArticleJPM prices through curve on hefty floating rate note
JP Morgan raised €2.5bn of two year senior floating rate notes on Tuesday, using favourable market conditions to generate a negative new issue premium.
View ArticleASB and DVB grab senior before June lull
ASB Finance this week grabbed its first euro senior benchmark since 2007, while DVB Bank extended its curve with a seven year, as bankers predicted a slowdown in issuance ahead of the UK’s referendum...
View ArticleTransatlantic credit convergence as vol falls
Tumbling volatility over the past months has caused US and European corporate credit risk prices to converge, despite credit investors bracing themselves for diverging monetary policies.
View ArticleUSAID backs Ukraine and Tunisia bond plans
Ukraine and Tunisia have signed agreements with the US for a combined $1.5bn of bond guarantees.
View ArticleRussian corps pick up plenty of demand before $40bn refi
Three Russian corporates had no problems accessing the dollar market this week, setting a strong precedent for the $40bn worth of redemptions in 2016 and 2017.
View ArticleNordLB Lux funds cheap but only just subscribed
NordLB’s Luxembourg subsidiary issued its longest maturity covered bond on Tuesday and paid a paltry premium, but the double digit pick-up failed to draw much excess demand.
View ArticleAirbus cashes in 24% of Dassault for €2bn with bond-block combo
Amid a hail of equity capital markets deals on Thursday evening, Airbus launched a €2.1bn sale of all its remaining shares in Dassault Aviation, using a €1bn exchangeable bond and block trade of about...
View ArticleÎle-de-France scores as green bond market ‘comes into own’
Île-de-France was able to tighten pricing on a green bond by 5bp from initial thoughts while still overshooting its target size this week. Bankers away from the deal said it was more a sign of the...
View ArticleVerallia extends pre-Brexit HY surge into next week
French glass packaging maker Verallia plans to sell the second largest single-B rated tranche of the year on Monday, after a pumping week of high yield issuance.
View ArticleTikehau funds Apax LBO with unitranche, Ares raises bumper fund
Tikehau has provided unitranche funding for Apax’s acquisition of Marlink, Airbus’s commercial satellite communications business, with the first step amounting to $270m, the fund confirmed.
View ArticleRabo corps chief takes Top spot, leaving jobs up for grabs
The former head of corporate debt capital markets at Rabobank has been promoted to head of capital markets — leaving positions open, which could include head of syndicated loans.
View ArticleASR Nederland IPO goes well on yield, value
The IPO of ASR Nederland, the second biggest this year in Europe after that of Dong Energy, reached a successful conclusion one day later than Dong’s, when the stock rose 2.6% on its first day of...
View ArticlePressure on CFTC after European Commission postpones swap margin rules
US regulators face a tough decision on whether to press ahead with plans to impose margin rules on uncleared swaps from September, after the European Commission postponed its effective date until...
View ArticleSecondary pricing update: featuring KfW's negatively yielding €5bn five year
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.
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