Americas
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Petrobras made clear its desire to buy back as much of its 8.375% notes due 2018 as possible on Wednesday after extending final deadline of a tender offer for the notes for a second time.
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Reliance Big Entertainment US, part of India’s Reliance Anil Dhirubhai Ambani Group (Reliance ADAG), is tapping lenders for a $100m three year trade with one bank at the helm.
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The European Commission will begin using fixed income pricing data and liquidity metrics from Markit, the financial information services firm, in its research and policymaking activities.
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A confectionary company and the third largest province in Argentina are set to ensure that the country remains the centre of new issue activity in Latin America.
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Panelists at Global ABS agreed that growing interest in environmental impact and attractive returns on bonds are helping the asset class catch investor interest from both sides of the pond.
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There is no use crying over missed deadlines, or throwing around blame. Europe will not meet the September 1 effective date for imposing margin on uncleared swaps, so US regulators now have a tough call to make on whether to delay as well.
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US fashion brands group PVH Corp on Tuesday sold its first bond in the euro high yield market, amid growing concerns that the UK could vote to leave the European Union.
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Sysco Corp, the US food service group, completed the financing for its acquisition of UK peer Brakes Group on Tuesday with a €500m bond that was successfully sold in the teeth of market volatility.
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The Province of Manitoba sold a 10 year dollar bond on Tuesday, taking advantage of a good window despite the impending Fed rates decision on Wednesday.
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Citadel Securities, the market making business, has made a senior FICC sales hire from Barclays to its Chicago office.
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Argentine pulp and paper company Celulosa Argentina has received approval from its board for a second attempt to issue international debt after the company’s CEO told directors that there would be appetite for new bonds thanks to the “new context” in capital markets.
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Cott Corp, the US-Canadian drinks maker, on Thursday sold a €450m bond to support its buyout of Eden Springs of Switzerland.