Barclays
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German car company Daimler raced from one side of the Atlantic to the other this week to raise €6.7 equivalent from 10 tranches of bonds with tenors from two to 10 years.
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Some investors are betting on UK bank debt to outperform the rest of the FIG market this year, despite the risks around the country’s departure from the European Union.
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A 22 year old Canadian First Nations activist has flown 5,000 miles to berate Barclays for financing an oil pipeline through Alberta's tar sands. Investors in Barclays’ green bonds should be right alongside her. Those serious about climate change must look at issuers’ entire sustainability profiles, not simply green bond use of proceeds reports.
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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”.
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UK financial institutions have issued record volumes of debt so far in 2018, and there is likely to be plenty more to come, as issuers look ahead to the risks posed by the UK's exit from the European Union.
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Elliott International, the US hedge fund, sold a block of shares in Charter Court Financial Services, the UK challenger bank, after Market close on Monday.
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T-Mobile US has lined up $38bn of fully committed loans to finance its $26bn purchase of US telecommunications company Sprint.
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Sweeping US tax code reforms could have a big impact on banks with intermediate holding companies in the US, perhaps forcing them to fund from the IHCs directly, rather than from their parent companies.
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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.
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Phoenix Community Housing, a non-profit housing association from London, has raised £60m of private debt using delayed draw.
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Avast, the Czech cyber security company, has set the terms of its London IPO, valuing it at £3.2bn at the top of the range.
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More than €3.5bn of high yield bond deals in euros, sterling and dollars were scheduled to close this week. Although some bankers described the pipeline as “crowded”, they expected market digestion to be ‘healthy’ ahead of quieter times.