CK Hutchinson sweeps dollars and euros
Hong Kong-headquartered conglomerate CK Hutchison Holdings looks is readying a global sweep of debt markets to raise refinancing funds, announcing on Wednesday morning that it intends to sell a...
View ArticleSteinhoff €556m primary block nearly four times covered
Steinhoff, the South African retail group, has completed a €2.45bn capital increase supported by one of South Africa’s richest men, Christoffel Wiese, and the Public Investment corp, of which €556m was...
View ArticleEIB prints longest ever green bond
The European Investment Bank has pushed the green bond curve out to the unprecedented length of 21 years with a new issue on Wednesday.
View ArticleCBOE: 15 year lower volatility for Russell option benchmarks
The Chicago Board Options Exchange has presented further research that shows indexes investing in options strategies have historically been less volatile than other key stock, bond and commodity...
View ArticleLSE offers French clearer sale to ease Deutsche Borse merger probe
The London Stock Exchange will consider selling off its LCH SA French clearing business as it attempts to alleviate European Commission concerns about a proposed merger with Deutsche Börse.
View ArticleLeading US housing experts propose GSE merger
A high profile group of US housing finance experts has called for a merger of Fannie Mae and Freddie Mac with the aim of creating a single government owned mortgage finance entity.
View ArticleConn's launches latest subprime consumer ABS
Bookrunners launched a subprime consumer ABS offering from home appliance chain Conn's Inc. on Wednesday afternoon.
View ArticleYellen questioned over bank capital markets surcharge
In a heated testimony before the House Financial Services Committee, Federal Reserve chair Janet Yellen faced accusations that banks were effectively being told to steer clear of the capital markets.
View ArticlePeople Moves in Brief
Nomura hires in MTNs - BAML raids CS for Lat Am sales - ICE overhauls top team
View ArticleTurkey: downgraded but not out
Turkey’s spreads have not recovered almost a week after Moody’s junked its credit rating, but bankers insist the sovereign and other Turkish borrowers will have access to the capital markets once...
View ArticleUS RMBS litigation looms large over Europe’s banks
The US Department of Justice is locked in settlement negotiations with Deutsche Bank over crisis era RMBS activity, as US RMBS settlements continue to take their toll on Europe's cash strapped banks.
View ArticleEcuador goes big with tap as investors take hefty NIC
Ecuador surprised some bond investors by doubling the size of its 2022s on Tuesday despite being unable to tighten pricing from initial price thoughts.
View Article'Solarised': Peru raises largest EM currency deal
Peru took advantages of renewed enthusiasm for its economy and highly favourable market conditions to sell PEN10.252bn ($3.02bn) of 12 year sol-denominated bonds as part of a liability management...
View ArticleLatin corps flock to bond market as EM tightens
There are signs of resistance from bondholders struggling to see the value in primary bond deals, but Latin America’s new issue market marched on this week with three corporates issuing on Thursday.
View ArticleInterview: Piotr J Szpunar, Narodowy Bank Polski
Piotr J Szpunar joined Poland’s central bank, Narodowy Bank Polski, in 1995 and became deputy head of the macroeconomics department in 2002. In 2007, he was appointed head of the financial system...
View ArticleChina shows leadership in global green finance push
Green finance in China, particularly the domestic green bond market, has taken off this year, in part to the strong policy support from the Chinese government. At a roundtable in early September,...
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