Barclays
-
Public sector borrowers are lining up a three pronged attack on Wednesday in a dollar market that is enjoying its widest swap spreads of the year. Quebec is attempting the first 10 year dollar benchmark since the first week of the year, KfW is out in fives — a part of the curve that has also become attractive in euros — and the Inter-American Development Bank is coming at the short end.
-
The European Financial Stability Facility has launched a dual tranche, picking up a combined €5bn and putting to rest any concerns over its ability to pick up long dated funding.
-
Russian borrowers are wasting no time in dealing with the $7.29bn of corporate bonds about to come due. After a record $2.8bn poured into the asset class last week, it is easy to see why borrowers view this as the time to tap the market.
-
A pair of European borrowers debuted socially responsible investment bonds on Monday, raising a combined €1.2bn, with one able to tighten its price by several basis points.
-
The European Financial Stability Facility (EFSF) will kick off its second quarter funding programme with a dual tranche. The deal hits screens as the European Central Bank cuts its asset purchase programme from €80bn per month to €60bn per month.
-
Acetow, the cigarette filter maker Blackstone is carving out of parent Solvay, has launched €630m-equivalent of loan facilities for the buyout, four months after it was announced.
-
Swedish Export Credit Corporation (SEK) has returned to sterling for a tap of a December 2020 line, as investors’ confidence in the currency grows.
-
Sovcomflot reopened its 2023 bond on Monday as Norilsk Nickel looks to extend its dollar curve by a year.
-
Oil India is readying investors for a new dollar offering, three years after its $1bn blowout debut and just months after its joint acquisition of oil fields in Russia.
-
Micro Focus, the UK legacy software firm, has launched the $5bn loan to finance its acquisition of Hewlett Packard Enterprise’s software business — the biggest new money loan in the European leveraged loan market this year.
-
Chinese iron and steel making conglomerate Hesteel Group Co has snapped up $500m on the back of a price rally in the steel sector onshore, with bankers praising the company’s efforts to woo accounts during a roadshow.
-