MAS Real Estate sells 7.2% of Siruis
MAS Real Estate, the European property company, has sold 7.2% of its stake in Sirius Real Estate for €29.4m, through an accelerated bookbuild.
View ArticleBNP Paribas brings fixed income teams together
BNP Paribas has combined its primary markets debt business and credit markets under one management team, co-headed by Martin Egan and Benjamin Jacquard.
View ArticleFunding scorecard: French agencies
This week's scorecard looks at the progress French agencies have made with their funding so far this year.
View ArticleThe Old Lady gives passage to sterling as funds draw largest ever inflow
Central banks’ power to trigger demand in corporate bond markets was on show this week after investment grade sterling bond funds recorded their highest ever level of inflows, according to Bank of...
View ArticleTrader Media East announces $88m capital increase
Trader Media East, the largest classified advertising firm in central and eastern Europe, has said it will carry out a seven-for-one share offering worth $88m net of expenses.
View ArticleNRW.Bank keeps summer pipeline flowing
NRW.Bank will on Tuesday become the latest public sector borrower to enter a super strong dollar market that shows no sign of shutting down for the summer, after the German agency mandated banks on...
View ArticleBanca Popolare di Bari preps ABS deal to swallow €480m of bad loans
Banca Popolare di Bari is structuring a €150.5m nonperforming loan securitization, that could be the first to benefit from a state guarantee from the Italian government.
View ArticleISDA chief pushes for CCP resolution plan
Resolution authorities that intervene in failing central counterparties (CCPs) should stay consistent with the CCP’s rulebook, think carefully about the point of entry, avoid automatic triggers and...
View ArticleHKEX touts cross-currency swap clearing
Hong Kong Exchange, through its subsidiary OTC Clear, has launched a clearing service for cross currency swaps, beginning with the US dollar / offshore renminbi currency pair.
View ArticleCerberus prices CLO as middle market struggles to find footing
Cerberus Capital Management priced its first middle market CLO of the year last week, and the sixth middle market deal of 2016, in what is proving to be a tricky year for the middle market managers...
View ArticleLending Club gearing up for more deals
Lending Club is looking to the upcoming ABS East conference in Miami next month to sit down with investors to discuss timing and gauge the appetite for future securitizations, according to marketplace...
View ArticleKEB Hana starts engine for 144A senior return
South Korea’s KEB Hana Bank is preparing go live with its second international bond of the year, having hired five firms to arrange a 144A/Reg S trade.
View ArticleDoosan Bobcat, Ping An Securities win IPO approvals
Doosan Bobcat has received regulatory approval for its IPO in South Korea, putting it on track to open books in September.
View ArticleISDA launches variation margin protocol
The International Swaps and Derivatives Association has launched a protocol aimed at helping market participants comply with the variation margin requirements that come into force in March next year.
View ArticleSEC settles case with former Goldman RMBS trader
The US Securities and Exchange Commission (SEC) reached a civil settlement on Tuesday with a former Goldman Sachs RMBS trader for $400,000 and a two year industry ban over the alleged misrepresentation...
View ArticleProposed VW settlement raises questions for auto ABS – Moody’s
Volkswagen’s proposed buyback offer for cars that violate US emissions standards could create a new set of issues for outstanding ABS transactions backed by affected collateral, analysts at Moody’s...
View ArticleANZ taps Yeung as chief Greater China economist
Australia and New Zealand Bank has appointed Raymond Yeung as chief economist for Greater China, which will see him leading the bank’s research team providing macroeconomic analysis for the region.
View ArticleChorus to head Citi Apac capital management
Citi has named Servaas Chorus as its new head of global capital management for Asia Pacific, according to an internal memo seen by GlobalCapital Asia.
View ArticleJilin commercial bank eyes listing in HK
Jilin Jiutai Rural Commercial Bank Corp has filed a Hong Kong IPO application via sole sponsor Guotai Junan International.
View ArticleIRFC on track for Masala bond next month
State-owned Indian Railway Finance Corp (IRFC) is steaming ahead with plans to issue its maiden offshore rupee-denominated bond in late September.
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