© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions | Cookies

Leader

Top Section/Ad

Top Section/Ad

Most recent


With billions of funding to be done, it will serve hyperscalers well to be less ambiguous
Borrowers moving between the two markets create opportunities for both
SSA
Where do investors look when JGBs and USTs are no longer reliable?
Better to pay a new issue premium now than risk facing spread blowout
More articles/Ad

More articles/Ad

More articles

  • The radio silence surrounding the suspension in 3CIF bonds this week is a textbook case of How Not To Do Investor Relations.
  • For European bond bankers, envying the US market’s lively vigour is nothing new. This week, that familiar feeling of bored frustration was back.
  • It makes perfect sense for Bank of America Corp and JP Morgan Chase & Co to have left their lower tier two notes outstanding this week at their first call dates. Any replacement capital would be vastly more expensive than the double-digit spread they will now pay on the floating rate coupons.
  • There was a dazzling documentation development in the much maligned European loan market this week. SSAB’s three year plus one plus one facility included a newly forged covenant that will require a majority vote by its syndicate banks before the extensions can be exercised. But that’s not all: the banks get to vote in secret.
  • The market had its first sight this week of what is lurking beneath the swell of liquidity produced in the first months of this year by the European Central Bank’s LTRO. It wasn’t pretty.
  • The slopes of Zermatt and Chamonix will be packed with SSA bankers this Easter congratulating themselves on a ripping first quarter. But they will also be mindful that it could all be downhill from here.