Banks
-
Arison Holdings, a vehicle for Shari Arison, the Israeli billionaire, has reopened the EMEA equity blocks market after the weekend with the sale of a 3.7% in Bank Hapoalim, the largest bank in Israel. -
The SSA dollar market’s resilience in the face of a series of potential headwinds was standing firm this week, with Netherlands Waterschapsbank’s benchmark from late last week tightening while bonds in the euro sector widened.
-
The Federal State of Brandenburg mandated banks on Monday for its second ever euro benchmark in the 20 year part of the curve, following its debut in the maturity in 2016.
-
DBS Bank attracted a strong order book for its $1.25bn three year covered bond, the largest ever issued by an Asian bank.
-
-
JTC, the UK provider of institutional and private wealth services, has increased its sterling revolving credit facility provided by HSBC from £10m to £55m, adding three banks to its lending group.
-
Gunvor, the Swiss energy and commodities trading company, has signed a $1.68bn revolving credit facility, having increased it during syndication as lenders piled into the transaction.
-
Nemera, the French maker of drug delivery devices, and UK school operator Cognita are funding their new ownerships in a euro leveraged loan market dominated by acquisition deals.
-
ING has been busy in the capital markets in recent months, and it took another €4.5bn of senior funding through its operating company on Monday, backed by €7.5bn of demand from investors.
-
Deutsche Bank said on Monday it was looking to buy back €1bn of its non-preferred senior bonds from investors, in an effort to redeploy some of the ‘excess liquidity’ the bank has been running over its minimum requirement for own funds and eligible liabilities (MREL).
-
Chinese online educator Koolearn Technology Holding has launched investor education for its Hong Kong IPO at a time when the Mainland government is stepping up regulation of the private education sector.
-
UBS Group bagged S$700m ($509m) from a Basel III compliant additional tier one deal, adding to a growing list of European lenders that have turned to the Singapore dollar bond market to boost their capital.
