Segro shrugs off Brexit fears with £324m all-primary block
Segro, the UK property developer, has raised £324m through an accelerated bookbuild it launched on Friday morning after saying that the Brexit vote had not affected its operational performance.
View ArticleVitol tightens pricing again, bookrunners revealed
Dutch-based commodity trading firm Vitol has launched its $8bn refinancing with 21 bookrunning mandated lead arrangers, the borrower has also tightened margins from last year's rate, according to one...
View ArticleSri Lanka bond seeks to shrug off downgrade
The Sri Lankan government is making a comeback to the bond market, launching a dual-tranche dollar transaction on Monday morning.
View ArticleIMF support, new CB governor propel Sri Lanka to bond success
Everything fell into place for the Sri Lankan government’s return to the debt market on Monday when it sealed $1.5bn from a dual-trancher, shrugging off concerns about its fiscal problems and recent...
View ArticleISDA touts Hong Kong mandatory clearing tool
The International Swaps and Derivatives Association has published a ‘clearing classification letter’ that will enable derivative counterparties to notify each other of their status for clearing...
View ArticleGlobal Derivatives Awards 2016 — the nominees
GlobalCapital is pleased to announce the preliminary shortlist of nominees for its Global Derivatives Awards 2016. Nominations are based upon market feedback and research conducted in recent months....
View ArticleSouth Korea earns rating upgrade from S&P
Standard & Poor’s has upgraded South Korea’s long-term sovereign credit rating by one notch to AA from AA- with a stable outlook, in line with Moody’s Aa2 rating of the country.
View ArticlePoland mandates two for Panda bond
The Ministry of Finance of the Republic of Poland has mandated Bank of China and HSBC as joint lead underwriters to work on the sovereign’s upcoming Panda bond.
View ArticleShanghai to fulfill RMB ambitions with FTZ bond
The Shanghai city government announced this week that it is exploring the possibilities of a free trade zone (FTZ) bond as part of China’s broader goal to provide more onshore renminbi products for...
View ArticleS&P slaps Mongolia with second downgrade in a year
S&P Global Ratings lowered its rating on Mongolia to B- from B, citing the country’s weaker fiscal performance and growth prospects. This is a further blow to the country, which was already...
View ArticlePoland seals Europe’s inaugural Panda trade
Poland became the first European country to issue a Panda bond on Thursday, printing a landmark Rmb3bn ($451m) deal. The depreciating renminbi was not enough to put off foreign investors, while the...
View ArticleBritish Columbia spices up the Masala market
The Province of British Columbia will dip into the Masala bond market for the first time with a January 2020 bond on Thursday.
View ArticleEFSF set to add liquidity at long end of curve
The European Financial Stability Facility is planning to wrap up its third quarter funding needs via a single visit to the market with a deal that will pour some liquidity into the long end of its...
View ArticleKDB kicks off dollar dual trancher
Korea Development Bank was courting investors on Tuesday for its fixed rate dual tranche dollar offering, replicating the SEC-registered format used for its January outing.
View ArticleESM picks new ops boss
The European Stability Mechanism has hired an industry veteran from the European Investment Fund to run its middle and back offices.
View ArticleDon’t count the data releases until the Brexit plan is hatched
There is a lot of talk about how the UK has brushed off Brexit, with a series of strong data releases coming thick and fast. But so much of the chatter refers to a “post-Brexit bounce” — an odd phrase,...
View ArticleFMS-W’s Remmers wins new job at Depfa Bank
FMS Wertmanagement’s Jens Remmers is taking on a new position within the German agency’s group, becoming treasurer of Depfa Bank.
View ArticleSSAs line up in short dollars as rate rise expectations drop
A trio of public sector borrowers are set to spray the short end of the dollar curve with deals on Wednesday, including one making its first visit in over two years, as markets priced in an ever...
View ArticleWorld Bank blows sterling doors off, but few to follow through
The World Bank has brought the post-summer sterling market to life with the biggest deal in the currency from a supranational or agency in months. But the deal may mark a high point, with little else...
View ArticleEIB to photo Finnish as EFSF taps long end
The European Investment Bank will on Wednesday tackle a part of the euro curve where Finland drew a strong book last week, as the European Financial Stability Facility made light work of its funding...
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