Barclays
-
-
-
Public sector issuers that ventured into dollars this week were inundated with demand, allowing them to bring a series of oversubscribed deals in the short to medium part of the curve. Others are tipped to follow if conditions are stable next week — after a stormy afternoon of trading across credit markets on Thursday.
-
Bond investors are expecting Mexican construction company Empresas ICA to receive a strong response for a planned new bond after the company posted improved first quarter results.
-
Encouraging Indian election exit poll results, a recent rating upgrade and rarity value all helped Bharti Airtel price a jumbo dual currency issue on Monday. Voracious investor appetite enabled the issuer to price flat to its existing curve, but ample leftover demand could see a replay of the hefty taps the issuer made last year, writes Isabella Zhong. -
State Bank of India has closed its loan at $554.5m, managing to gather enough demand during syndication to increase its borrowing from the launch size of $390m.
-
Barclays has been hit by two more high profile departures just days after it announced swingeing job cuts to its investment banking business around the world.
-
Bond investors are expecting Mexican construction company Empresas ICA to receive a strong response for a planned new bond after the company posted improved first quarter results.
-
Five FIG issuers took to the subordinated markets to take advantage of months of undersupply this week, with the results highlighting not just the feverish grab for yield but also just how far banks have come since the crisis of 2008 in building their capital levels.
-
Yankee banks returned to the dollar fray with opportunistic trades from Barclays and Westpac, with the UK bank mirroring a recent trend in euro deals by printing a long dated bond.
-
When Tom King joined Barclays’ London operation in late 2009, he said the chance to lead the firm’s aggressive build-out of its corporate finance business across Europe, the Middle East and Africa represented a "once in a generation opportunity". Less than five years and a series of promotions later, King, who has risen from head of European corporate finance to be sole head of Barclays' investment bank, is facing a rather different challenge, writes David Rothnie.
-
Fingrid, the electricity grid company, is altering its funding plans after finding strong demand in the private MTN market. It priced its second note in the market on Tuesday and is considering more.
