Top Section/Ad
Top Section/Ad
Most recent
Chemical sector's growing uncompetitiveness a problem when it comes to attracting investment in the capital markets
When staff complain, they deserve a fair hearing, not a wall of silence
Benin reaped the rewards of its sukuk debut last week, and will do so for years to come
Little green men could be closer than they appear
More articles/Ad
More articles/Ad
More articles
-
Sole bookrunner Goldman Sachs placed a €520m block in Legrand on Monday, allowing Wendel to exit the stock but the shares were hit by a difficult day for European markets.
-
Mining company Vedanta Resources has returned to the Asian market, after its US term loan ‘B’ failed to take off. The move to put its faith in Asian lenders is wise and the odds of a successful deal are now stacked in the company’s favour. But there is also plenty more to learn from its mistake.
-
The European leveraged loan market has made great strides, and investors are finally looking to it as a credible alternative to the dollar. That is good news for issuers across Europe, but borrowers should be wary of pushing too far too soon. Capacity in the local market is not yet large enough to compete with the US.
-
It would be mad to think that central banks around the world are about to slam the brakes on official stimulus. But the reaction to Ben Bernanke’s slightest of suggestions is a warning that central banks not only need a plan for how to unwind QE — they also need to talk about it.
-
After months of investors seemingly buying any SSA new issue at any price, sanity seems to have been restored this week. A slow Belgian dollar issue and an EIB EARN where the syndicate has taken every step to ensure the deal sells are demonstrating that the buyside is thinking more carefully.
-
Covered bond issuers have finally woken up to the realisation that conditions are not going to get any better for them any time soon. Rather than hold out for yet another basis point, some have decided to pile into the market. There is a risk of overcrowding, but that’s probably better than the alternative — leaving it too late.