Bank of America
-
Bayer has taken the last step towards separating Covestro, its former plastics division, after pricing the biggest equity block trade of the year so far. -
Investors appear certain that the Federal Open Market Committee will up its target rate at its next meeting in June, after this week’s gathering left levels unchanged, although expectations of further hikes have slightly fallen. Elsewhere, a supranational left next to nothing on the table as it brought a dollar syndication to market.
-
The European Bank for Reconstruction and Development looked to have taken almost every last cent off the table after increasing the size of a dollar floater from the size it set earlier in the day.
-
China Aoyuan Property Group’s $200m bond dropped sharply in the secondary market on Thursday as global markets wreaked havoc on the company’s notes.
-
The Republic of Ghana is heading off on a roadshow for 10 and 30 year bonds, with a tender offer for its existing 2022s and 2023s attached to the transaction.
-
China Aoyuan Property Group, Hydoo International Holding and Indonesia’s Federal International Finance wasted no time in hitting the bond market on Wednesday after the Labour Day holiday.
-
DTE Electric Co has become the newest member in the slowly growing club of investment grade US electric utility companies that have issued bonds explicitly marketed or certified as “green”.
-
-
-
A flattening and rising US Treasury yield curve may be sparking concerns of a slowdown for the US economy but it is having the opposite effect on the short end of the dollar market for public sector borrowers, writes Craig McGlashan.
-
US corporate bond bankers are hoping for a busy start to the month for the dollar new issue market as companies emerge from earnings blackouts to bring some big M&A trades.
-
Phoenix Community Housing, a non-profit housing association from London, has raised £60m of private debt using delayed draw.
