Sixth UK syndication to tap 40 year plus
The UK Debt Management Office has updated its fundraising programme for the first three months of 2016 and will tap the ultra-long end for its final syndication.
View ArticleEurope drops investigation of banks over CDS antitrust charges
European regulators have ditched a long-running investigation of 13 major banks on charges of collusion in the credit default swap market, citing insufficient evidence.
View ArticleYear end P2P ABS pipeline heats up with Citi, Prosper deal
The marketplace loan ABS space is seeing action going into year end with Citi announcing a deal on Friday backed by loans originated through Prosper.
View ArticleGlobalCapital Asia regional capital markets awards 2015, Part I: Loans
In the first instalment of our 2015 awards, we present the winners for Best Project Financing, Best Leveraged Financing, Best Investment Grade Loan and Best Loans House.
View ArticleDraghi disappointment fails to deter FIG
Commerzbank and Svenska Handelsbanken both launched senior deals on Monday, as the FIG market’s positive sentiment continued unhindered by what for many was the disappointing outcome of last week’s...
View ArticleWestpac launches sterling amid redemption season
Westpac looked to the sterling market for a seven year senior deal on Monday, as the number of redemptions in the UK currency swells towards the end of the year.
View ArticleBanque Misr crosses finish line with $250m loan
Egypt’s Banque Misr signed its $250m three year loan on Sunday with five lead banks.
View ArticleGhana Cocobod back for another chunk of loans
Ghana National Cocoa Board (Cocobod) is in the market for a three year club loan, after signing its annual $1.8bn one year loan refinancing in September.
View ArticleLoan market Christmas carols on Wednesday
The loan market will gather in London on Wednesday, December 9, for the Loan Syndicate Manager’s Forum's charity carol service.
View ArticleBankers to miss out as GE looks for new buyers
General Electric has terminated an agreement to sell its appliance business to Swedish household appliance producer Electrolux, toasting bankers' plans to provide bridge financing.
View ArticleVivalto Sante announces loans for Mubadala LBO
Vivalto Santé, the French private health service provider, has announced €228m of loans for its leveraged buyout by Mubadala Development Co, the Abu Dhabi-based private equity firm.
View ArticleKensington targets market window with £1bn Trinity Square RMBS
Kensington Mortgage Company is defying the traditionally quiet December ABS market with a £1bn UK non-conforming RMBS deal set to price this week, as the market prepares for a liquidity boost following...
View ArticleTotal back in sterling for another £150m
Total SA, the French oil company, made its second foray of the year into the sterling bond market on Monday, with a £150m tap of its previous bond in the currency.
View ArticleAmerican Honda makes £250m debut as sterling revives
American Honda Finance has visited the sterling bond market for a £250m seven year deal, its inaugural offering in the currency.
View ArticleFlint Group allocates €150m acquisition loan
Flint Group, the Arizona based printing inks supplier, has allocated a €150m add on facility to the six year term loan ‘B’ it signed in May.
View ArticlePRA pushes proposed leverage ratio despite industry concerns
UK banks will have to provide the Bank of England’s supervisory arm two versions of their quarterly leverage ratios, though the regulator extended the start date for publicly reporting the ratios by...
View ArticleLatvia out with five year euro guidance
Latvia released on Tuesday price guidance on its euro Reg S benchmark at low to mid-30s of basis points over mid-swaps.
View ArticleCorporate services provider Elian acquires rival
Corporate services provider Elian has completed the acquisition of SFM Europe, a structured finance administrator with more than €1tr of assets under administration. The deal will expand Elian’s...
View ArticleBanque Misr shines light for Egyptian loans
The Egyptian loan market shows signs of recovery after deals from Banque Misr and National Bank of Egypt in recent months. And bankers say there is more to come in 2016.
View ArticleAir Liquide, Saipem near close on big loans
Air Liquide and Saipem loans show that bankers and borrowers are not yet slowing down as they seek to tie up remaining bumper deals they launched in a busy fourth quarter.
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