Treasury director Rodrigo Robledo says investor relations work has paid off

◆ Two steps to terms debated ◆ Priced flat to fair value or even with negative concession ◆ Investors split on long-dated holdco supply

◆ Norwegian bank increases size ◆ Issuer meets spread objective ◆ Banker said he drew confidence from secondaries

◆ Issuers opt for extra guidance as market softens ◆ Enexis takes size at six years ◆ DSM-Firmenich lands tight

◆ Madrid plans 10 year deal ◆ Bpifrance set to launch EuGB ◆ MuniFin 'rare and well regarded'

This week's flurry of deals takes year to date volume beyond £8bn

Shipbuilder's shares fall 10% after capital raise

◆ Energy pair bring three tranches ◆ Sub-100bp senior/hybrid spreads secured ◆ Single digit concessions offered

Founder of climate investing think tank wants to apply ideas as bond investor

When loans' LTVs hit 80%, Bitcoin stakes are liquidated in seconds

London continues to benefit from metal price volatility

Latest issue rides on coattails of big tech investment spree

Ivory Coast squeezed tight, taking $1.3bn in an 'aggressive' execution

Blackstone is targeting a quicker than usual three day execution

The country is one of the highest regarded sovereign issuers on the continent

The government has been much more proactive in its debt management since a scare in 2024

The yield was ultra high but Congo had little room to manoeuvre

Benin showed Islamic issuance is a viable market for sub-Saharan African sovereigns

When the stakes are high, a small change in odds merits a big reaction

No one wins playing the blame game

Craig Coben examines whether it is true that no good deed goes unpunished

Bank capital funds have been recouping losses and welcoming new inflows after suffering heavily in the early stages of the coronavirus pandemic.

The period since March has been a turbulent time for financial markets, and the CLO sector in Europe dealt with a complex set of disruptions when the pandemic arrived this spring. From sudden and acute stress at the corporate level, to an unprecedented shift in working conditions, CLO players in Europe experienced uncertainty not seen since the last crisis. Yet, the market has adapted, and while the shape and size of deals may be different, CLOs in Europe are pushing ahead. BNY Mellon and GlobalCapital gathered market experts to discuss the present state of the European CLO market and its prospects.

Unibail-Rodamco-Westfield (URW), one of the largest owners of shopping malls in the world, is considering a large rights issue to reduce its leverage as the retail industry grapples with the economic fallout of the global Covid-19 pandemic.