Commerzbank

The six years following the global credit crisis have seen a blizzard of financial regulation hit Europe and wider global markets. As the regulatory landscape starts to settle, we consider the regulatory facts of life that can help companies of all sizes negotiate this new terrain successfully.

Five lenders have joined HSBC at the top level of Saudi British Bank’s (SABB’s) $450m syndicated loan, the bank’s first dollar deal from international lenders.

German brake systems manufacturer Knorr Bremse has returned to the euro bond market nearly 14 years after it last sold a new issue to investors.

Macro and political headwinds make investors nervous. Uncertain market conditions have created a tough environment for anyone seeking to conduct an equity flotation or rights issue in Europe. Some recent high profile cancellations of equity transactions can also be attributed to poor planning or unrealistic expectations. So here are my thoughts on how a CFO can help keep an equity transaction on track — and more generally, keep a company’s shareholders on board.

South Korea's Shinhan Bank raised $500m on Wednesday, to match its March tier two dollar deal in size, but was forced to pay up to make it happen.

African Export-Import Bank (Afreximbank) signed a $872m loan this week at its lowest margin for a two year syndicated deal, according to two bankers on the deal. The borrower also increased the deal size from $600m in syndication.

South Korea's Shinhan Bank opened books to its second dollar tier two deal of the year Wednesday morning.

Coventry Building Society has mandated leads for a roadshow ahead of a possible €500m seven year covered bond. The announcement follows further rates volatility and the withdrawal of most bids in the secondary market.

African Export-Import Bank (Afreximbank) started signing banks to join its third syndicated loan of the year this week. African multilateral banks have raised more in syndicated loans in 2016 than in any other year, according to Dealogic.

As borrowing costs in Europe continue to hit historic lows, Dr Michael Kilka, Divisional Head Advisory at Commerzbank responsible for capital market coverage of large corporate and institutional clients, discusses the opportunities and challenges for corporate financing

Covered bond supply surged to its highest levels in seven months this week, as issuers scrambled to raise funding before the end of the year and costs soar even further.

The German lender’s new strategy plays to its strengths but relies on its domestic clients shifting their financing into the capital markets, says David Rothnie.