Green bond investors: see the bigger picture
A group of companies has committed to a Science-Based Targets drive, to reduce their carbon emissions at the kind of fast pace required to make a real difference to global warming. Initiatives like...
View ArticleIFC prints debut Chilean peso MTN
The International Finance Corporation printed its first medium term note in Chilean pesos on Monday.
View ArticleGoodyear Dunlop to issue €250m of senior notes
Goodyear Dunlop Tires, the US tyre manufacturer, is issuing €250m of eight year senior unsecured notes. A roadshow is scheduled for Wednesday in London.
View ArticleStockmann enters hybrid lists, Vonovia a possibility
Stockmann, the Finnish retail and property company, is considering a hybrid bond issue, but otherwise the corporate bond market is decidedly quiet.
View ArticleOman still aiming to close $1bn loan this year, but no date set
Arrangers have not set a closing date for the $1bn loan for the Sultanate of Oman, on which pricing has been widened recently, but bankers hope to close the deal before year end.
View ArticleLegal & General hires ex-RBS banker for private placement push
Legal & General Investment Management, the UK asset manager, which has been involved on the fringes of the private placement market for some years, is making a concerted push to increase its...
View ArticleCooper prices at wide end as levloan investors scrutinise deals
Cooper, the French pharmaceuticals distributor, has priced the term loan ‘B’ for its acquisition by Charterhouse at 475bp over Euribor, with an original issue discount of 99.5, the wide end of initial...
View ArticleBalfour Beatty shrinks RCF to £400m
UK construction company Balfour Beatty has nearly halved the size of its revolving credit facility in a £400m refinancing deal.
View ArticleSkeet put at risk at RBS
Tim Skeet, head of covered bond origination, has been put at risk of redundancy at Royal Bank of Scotland.
View ArticleBelgian Debt Agency drops Deutsche Bank from primary dealer list
Deutsche Bank will not be a primary dealer for Belgium in 2016, after the country’s minister of finance, Johan Van Overtveldt did not reappoint the German bank in its updated list for 2016.
View ArticleKfW plans SME boost with €1bn securitization investment in 2016
German agency KfW said in a capital markets press briefing on Wednesday that it intends to invest €1bn in European securitization transactions in 2016, half of which would be allocated to SME ABS in...
View ArticleCaixaBank hires Altenburg as syndicate head
Nomura’s Lorenz Altenburg is set to join CaixaBank in January, where he will head the firm’s fixed income syndicate in its recently established Corporate & Institutional Banking (CIB) division.
View ArticleAfDB ‘shows green bond immunity to macro events’
African Development Bank brought in more than $600m of orders for a no-grow $500m December 2018 global green bond on Wednesday, a deal that bankers involved felt might not have worked as well without...
View ArticleUBS names new global DCM head
UBS has replaced Fabio Lisanti, head of debt capital markets and client solutions, with one of its most senior bankers.
View ArticleChina Zheshang Bank lines up $1bn HK float
China Zheshang Bank is following the recent slew of Chinese lenders listing in Hong Kong, having filed a preliminary prospectus with the city’s stock exchange on Thursday.
View ArticleYiChang sets range for IPO as Modern Dental prices
YiChang HEC ChangJiang Pharmecutical Co has settled on a price range for its H-share float, with bookbuilding to kick off on December 14.
View ArticleAbengoa triggers failure to pay credit event
Abengoa has triggered a failure to pay credit event, ISDA's Determinations Committee has ruled, only days after the company narrowly avoided a bankruptcy trigger for most credit default swaps.
View ArticleEthos sells out of Transaction Capital just in time
Ethos Private Equity sold in a block trade on Tuesday night its last shares in Transaction Capital, the Johannesburg-listed commercial finance company.
View ArticleSecondary pricing update: featuring EAA's €1.5bn Dec 2018
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 ArticleFunding scorecard: European supranationals and agencies
This week's funding scorecard looks at the funding progress of European supranationals and agencies and, where available, gives their funding targets for 2016.
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