Syndicated Loans - All articles

  • Credit manager DFG hires Partners exec as CEO

    DFG Investment Advisers, a New York-based alternative credit manager, has appointed Rehan Virani as chief executive officer. Virani joins from Partners Group, where he was head of business development for private debt for the Americas and Asia.

    • 30 Oct 2020
  • DMOs turn to ESG, the Dutch turn to market finance

    This week in Keeping Tabs: the role of debt management offices in green policy, and an update on EU countries' use of capital markets.

    • 30 Oct 2020
  • Domestic panacea for uncertain Swedish krona

    Rising coronavirus cases and circling uncertainty around the upcoming US election is driving the Swedish krona market towards higher rated, domestic names.

    • 30 Oct 2020
  • Santander looks to switch AT1 pair to Sonia

    Santander began phasing Libor out of two of its outstanding additional tier (AT1) one notes this week, having appointed NatWest Markets to lead the process to restructure the bonds to reference Sonia.

    • 30 Oct 2020
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made in their 2020 funding programmes at the end of October.

    • 30 Oct 2020
  • Sareen to take charge of EMEA banking at ING

    ING has appointed Uday Sareen as head of wholesale banking for Europe, the Middle East and Africa.

    • 30 Oct 2020
  • New lockdowns no hindrance for ECM supply

    New national lockdowns in France and Germany smashed secondary equity markets this week, but ECM bankers are confident that as the shock subsides there will still be deals to do.

    • 30 Oct 2020
  • Ile-de-France Mobilités lining up euro benchmark

    Ile-de-France Mobilités is coming to market for a 15 year euro benchmark, set to become one of several French borrowers expected before the end of the year.

    • 30 Oct 2020
  • Enav signs ESG loans as airline sector gets dire warning

    Enav, the Italian air navigation company, has signed €150m of sustainability-linked loans, as a rise in coronavirus cases globally has heaped even more pressure on the airline industry’s outlook for next year.

    • 30 Oct 2020
  • Brexit to crack open synthetic STS and NPL rules

    The ECON committee of the European Parliament has pushed back a meeting to agree on proposed amendments to the securitization market, making it unlikely that the UK will be able to adopt the same measures before Brexit. The divergence could pin ABS as the first capital market to see significant divisions between the UK and the EU after the two entities separate.

    • 30 Oct 2020
  • Soltec Power trades up despite volatility

    Shares in Spanish solar equipment maker Soltec Power have surged in the aftermarket despite the immense market volatility this week sparked by a surge in coronavirus cases across the European continent, amid huge investor interest in the renewable energy space.

    • 30 Oct 2020
  • Citi sets up unit to advise governments on digitalisation

    Naveed Sultan will develop and lead a new digital policy, strategy and advisory practice for governments, corporates and financial institutions at Citi, and has been appointed chairman in the bank's institutional clients group (ICG).

    • 30 Oct 2020
  • China markets and policy round-up: CCP unveils new five year plan, regulators mull Shenzhen bourse reform, Beijing increases oversight of large developers

    In this round-up, the Chinese Communist Party has set goals for the country’s development over the next five years, regulators are ready to streamline the Shenzhen Stock Exchange, and some big property developers have been asked for their monthly financial data.

    • 30 Oct 2020
  • Perenna applies to become first pure UK covered bond bank

    Perenna has applied to become the first UK covered bond bank and plans to issue 30 year fixed rate mortgages next year, using the Danish covered bond system that limits mismatches between the terms of the mortgages and the bonds that fund them.

    • 30 Oct 2020
  • Lufax to price $2.4bn US listing at top end

    Ping An Insurance-backed Lufax Holdings is expected to price its American depositary shares at the top of guidance, following a large turnout from global heavyweight investors for its IPO.

    • 30 Oct 2020
  • MUFG hires from Mandiri for senior DCM job

    MUFG Securities Asia has hired Shailesh Venkatraman for a newly-created position leading DCM origination for south and southeast Asia.

    • 30 Oct 2020
  • Shandong Iron navigates weakening market for $500m

    Shandong Iron & Steel Group Co was forced to pay 50bp more than it expected for a new $500m three year bond on Thursday, despite trying to appeal to investors with a positive spin on its future fundraising plans.

    • 30 Oct 2020
  • SDIC snags $300m from bond

    China’s State Development and Investment Corp (SDIC) nabbed $300m in the bond market on Thursday.

    • 30 Oct 2020
  • RemeGen to close IPO early, JW Therapeutics prices

    Chinese biopharmaceutical firm RemeGen will close the international orderbook for its Hong Kong IPO early as the deal is already many times covered, according to a source close to the listing.

    • 30 Oct 2020
  • Ant gets record retail interest for Star IPO

    A record number of retail investors in China fought for the Shanghai portion of Ant Group’s landmark dual listing this week, channelling Rmb19tr ($2.83tr) of orders into the world’s largest IPO.

    • 30 Oct 2020