SSAs go for the long and the short of it in euros
A French agency is set to bring a euro benchmark in the shortest tenor seen since the end of the summer, while a Dutch agency is about to sell its longest dated syndication ever in the currency.
View ArticleInternationella Engelska Skolan's sellout IPO bags $70m
The IPO of Internationella Engelska Skolan, a leading Swedish international school operator, is likely to achieve a valuation of around Skr2.1bn ($244m) after the deal ended up multiple times covered...
View ArticleMcDonald's offers tight trade to hungry Swiss market
McDonald’s offered a Sfr400m ($413.6m) eight year trade to the Swiss market on Monday, closing the deal with an order book of over Sfr1.5bn and tightening pricing by more than the lead managers had...
View ArticleLufthansa fails to land primary print once more
Deutsche Lufthansa pulled a planned €500m seven year trade on Monday, not the first time the issuer has pulled a deal from the corporate bond market.
View ArticleZopa data overcomes sector concerns, says Fitch
Loan data from Zopa overcomes any concerns about the lack of historical performance data elsewhere in the marketplace lending sector, Fitch Ratings has said.
View ArticleFlurry of RMBS offerings set to close out September
Issuers are preparing a flurry of RMBS issuance to close out September, with a mix of credit risk transfer (CRT), jumbo, re-performing and non-performing deals set to be priced by the end of the week.
View ArticleCBOE forges $3.2bn Bats buyout bid
The Chicago Board Options Exchange has agreed terms to buy Kansas-based exchange Bats Global Markets for $3.2bn, confirming market rumours that surfaced on Friday.
View ArticleConn’s markets new deal following promise to build track record
Appliance chain Conn’s Inc. is marketing its second securitization of the year, following CFO Lee Wright’s promise to establish a presence in the ABS market.
View ArticleHamborner Reit trades flat after successful rights offer
Shares in Hamborner Reit, the German real estate investment trust, traded flat on Tuesday after the company completed a €166.5m rights issue to finance the expansion of its property portfolio.
View ArticleP2P Global Investments lands debut Zopa loan securitization
Zopa has closed the UK’s first marketplace consumer loan securitization, with more deals expected to follow as online platforms look to scale up.
View ArticleAlpha Group's DEA drills for €400m debut
The oil and gas exploration firm DEA, owned by Russian oligarch Mikhail Fridman, announced€400m of six year non-call 2.5 year senior notes with roadshows on Tuesday and Wednesday in London.
View ArticleUK RMBS heats up as Kensington joins pipeline
Activity is picking up in UK RMBS, with leads releasing price thoughts on Permanent TSB’s imminent Irish RMBS deal and Kensington Mortgage Company announcing a new deal from its specialist prime RMBS...
View ArticleJP Morgan joins ICE Clear Singapore
Intercontinental Exchange has added JP Morgan as the fourth clearing member of its ICE Clear Singapore subsidiary.
View ArticleEurex launches weekly Swiss index options
Eurex has introduced trading of weekly expiring equity option contracts onto its exchange that reference SMI, Switzerland’s blue chip stock market index.
View ArticleWhat’s in a pulled deal?
Pulled deals are traumatic for those involved but unlikely to derail European corporate bond issuance while the European Central Bank is still buying the market.
View ArticleLending Club on the road with latest ABS offering
California-based Lending Club is marketing a private unrated ABS offering after drumming up interest at ABS East in Miami last week, say sources speaking with GlobalCapital on the sidelines of the...
View ArticleConvertibles fizz in France with Eurazeo, Eramet, Assystem
A flurry of equity-linked bond transactions has been launched in France, including an exchangeable by Crédit Agricole into Eurazeo shares and a rare hybrid perpetual deal by Eramet, the mining company.
View ArticleCLO pipeline full to bursting as issuers look to get ahead of US election
Issuers are cramming the US CLO pipeline with new deals, rushing to close transactions before the US presidential election on November 8 and racing to to the finish line for risk retention...
View ArticleEnBW strikes more successful note with euro hybrid
The euro corporate hybrid market reopened on Wednesday as Energie Baden-Wuerttemberg sold the second leg of its intended two currency deal, the first part of which was said by onlookers to have been...
View ArticleAFT builds inflated book for linker
Agence France Trésor tapped into strong pent-up demand to draw a bumper book and print its largest inflation linked benchmark since the 2008 financial crisis — despite offering just a few basis points...
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