SFR, Platform increase euro offerings amid more refis
Three deals priced in the leveraged loan market on Friday, all at the tight end of guidance, with SFR and Platform increasing the size of their euro offerings.
View ArticleChanges to OTC derivatives margining and what it means for the buy-side
Changes to OTC derivatives margining and what it means for the buy-side
View ArticleFunding scorecard: supranationals
This week's funding scorecard looks at the progress supranationals have made in their funding programmes.
View ArticleNets soothes investors’ fears after Nordea payments news
Nets, the Nordic payment processing group whose shares have fallen 14% since their IPO three weeks ago, has been trying to reassure shareholders that it will not suffer materially from Nordea’s...
View ArticleIcap expands reporting push with Abide acquisition
Icap has bought Abide Financial, a global regulatory reporting specialist.
View ArticleCFTC cross-border rules only a first step, say lawyers
Rules proposed by the US Commodity Futures Trading Commission this week on cross-border swap trading are a good first step, according to lawyers, but more clarity is needed on how Dodd-Frank...
View ArticleBiffa relaunches IPO at £212m and gets it covered
Biffa, the UK waste management company, relaunched its IPO on Friday morning after the deal failed to attract enough demand at the original price range. The deal is covered at the new terms.
View ArticleLights on for Luceco as £93m IPO trades up
Luceco, a maker of electrical wiring products and LED lights, made its debut on the London Stock Exchange today after raising £93m, amid an IPO market in which many bigger and higher profile deals have...
View ArticleSmall firms shut out by derivs reg drive, finds ISDA
Rising costs for derivatives clearing and difficulties gaining access to dealers present a mounting challenge for small end users in the US and Europe, some of whom may have to find other means to...
View ArticlePoor rapeseed harvest brings record futures volumes
Rapeseed futures have hit peak trading volume, with Euronext reporting successive records last week.
View ArticleABS players shrug off CircleBack woes
Online lender CircleBack Lending announced last week that it would stop originating new loans, though the news may be a blip on the radar for marketplace lending players who say that 2016 has...
View ArticleFullerton Healthcare IPO hangs in the balance
Fullerton Healthcare Corp is working with the Singapore regulator to resolve issues around its S$213.3m ($154.7m) IPO, with the delay causing some investors to consider pulling their bids.
View ArticleSamsung BioLogics covers $2bn IPO on day one
South Korea’s Samsung BioLogics gathered enough orders from investors to cover its W2.25tr ($2.0bn) IPO after the very first day of bookbuilding.
View ArticleSwift takes over as SocGen head of Apac global finance
Société Générale Corporate & Investment Banking has named Stephen Swift as its new head of global finance for Asia Pacific, replacing Sadia Ricke who is moving to the UK for another role.
View ArticleRHB sees senior departure in ECM team
A senior member of the equity capital markets desk in Malaysia’s RHB Bank has resigned, according to sources close to the move.
View ArticleGoldman's Asia Pacific chief to retire
Mark Schwartz, Goldman Sachs’ chairman for Asia Pacific and vice-chairman of the firm, has decided to leave at the end of the year, bringing an end to his 27-year-long tenure at the bank.
View ArticleQ&A: The Working Group on US RMB Trading and Clearing
The US took a step forward as a renminbi hub in September, when Bank of China New York branch was appointed as the local clearing bank. GlobalRMB met with a representative of the Working Group on US...
View ArticleJPM expands new credit product development group
JP Morgan’s credit product development group (CPD), formed in August and headed up by former syndicate global co-head Ryan O’Grady, has added seven new members.
View ArticleDon’t use Schuldscheine as a proxy loan market
Loans and Schuldscheine have always sat side by side. With a similar lender base and documentation, the two seem almost interchangeable. This year banks have been capitalising on that similarity and...
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