Swap negotiations delay Chile transmission loan
The expected closing date of a loan to finance a 379-mile transmission line in Chile has been pushed back as negotiations over interest rate swap provisions continue.
View ArticleESMA schedules open hearing on benchmarks regulations
The European Securities and Markets Authority (ESMA) is to hold an open hearing on its plans to introduce an industry benchmarks regulation, having recently published draft technical standards.
View ArticleCFPB loses landmark case
The Consumer Financial Protection Bureau (CFPB) was ruled as being unconstitutional by the US District Court of Appeals, in a landmark ruling that questioned the constitutionality of its leadership and...
View ArticleRussian ministers beat privatisation drum, Putin speaks on Bashneft
Russia gave more details today of its plans to privatise stakes in state assets, including Rosneft, VTB Bank and shipping company Sovcomflot.
View ArticleUniCredit sells another 20% of Fineco as lock-up ends
UniCredit has tonight launched another block trade of shares in FinecoBank, the Italian retail online brokerage, bank and asset manager of which it owns 55.5%. The 20% stake is worth €580m before any...
View ArticleSprint markets rare spectrum ABS
Wireless carrier Sprint Communications Inc. is marketing a $3.5bn deal backed by a portion of the company’s spectrum assets as it looks to reduce its dependency on the high-yield market.
View ArticleIFC ready for renminbi return
Already a pioneering issuer in the currency, the International Finance Corporation (IFC) is believes greater regulatory clarity will provide a fresh boost to its onshore and offshore renminbi funding...
View ArticleAsian borrowers storm debt market
A diverse group of issuers forged ahead with their respective fundraisings on Thursday, seeking everything from dollars to Singapore dollars and green debt.
View ArticlePair of equipment deals join October pipeline
A pair of small to mid-ticket equipment offerings from Ascentium Capital and Axis Capital are joining the near-term pipeline as issuers pump out deals to beat the risk retention deadline.
View ArticleSouthern Cone multilateral Fonplata to debut in 2018
Bolivia-headquartered multilateral lender Fonplata could issue a debut bond in 2018 after securing a capital increase from its five members earlier this year, its executive president Juan Notaro told...
View ArticleBlocks fly as Fineco fetches €552m, SAS and Petrom win bids
A flurry of follow-on equity sales this week, mostly block trades, showed that investors still want stock, sometimes at tight discounts, even while three IPOs had to be abandoned.
View ArticleNafin to follow CFE as Mexican quasis queue
CFE provided a strong base for fellow Mexican quasi-sovereign Nacional Financiera to issue as soon as next week after selling a long 10 year bond on Tuesday that tightened 10bp-12bp in the two days...
View ArticleStanChart HK gets greenlight for landmark SDR bond
Standard Chartered Bank (Hong Kong) has obtained approval from the People’s Bank of China (PBoC) to become the first commercial issuer of bonds denominated in Special Drawing Rights (SDR) in the...
View ArticleHKBN moves quickly to refinance HK$4.1bn
Hong Kong Broadband Network has returned to the market after just seven months to refinance its outstanding loans. The steady downtrend in pricing for high grade borrowers prompted the move.
View ArticleMatthews chiselling out €50m Schuldschein
The European subsidiary of Matthews, a US provider of 'memorialisation products', such as caskets and memorial plaques, has launched a €50m Schuldschein, which could grow based on demand from lenders.
View ArticleBusy week ahead expected in covered bonds
Next week is likely to be one of the busiest in the fourth quarter in covered bonds, as a string of debut deals emerge, along with the first ever publicly syndicated euro benchmark from Poland.
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