High Grade

  • IG corporate market lights up as earnings start

    IG corporate market lights up as earnings start

    A handful of investment grade corporate borrowers are out with mandates on Monday, with market conditions improving for them after last week’s bonds have traded tighter despite pricing with small premiums.

  • JP Morgan provides €3.5bn for controversial football Super League

    JP Morgan provides €3.5bn for controversial football Super League

    JP Morgan has emerged as the lender to a new Super League in European football. The US bank is committing to provide at least €3.5bn in debt for infrastructure projects, in the biggest shake-up of the world’s most popular sport in a generation. While highly controversial and not short of criticism, the new league will make its founding clubs more attractive investments.

  • ABN hires internally for new UK DCM top job

    ABN hires internally for new UK DCM top job

    Vi Davda has been promoted to a new role of head of UK debt capital markets at ABN Amro, as the Dutch bank looks to expand its business across UK financial institutions and corporate clients.

  • Tencent nails $4.15bn bond

    Tencent nails $4.15bn bond

    Chinese technology giant Tencent Holdings raised $4.15bn from four tranches of long-dated bonds this week, overcoming weak market sentiment to push ahead with its deal.

  • PP investors weigh up governance as UK schools face crisis

    PP investors weigh up governance as UK schools face crisis

    Institutional investors are weighing up governance at elite UK private schools after a series of serious sexual assault allegations emerged from the sector. As certain private schools look for new deals to add to the £500m they have already raised, investors are focusing on how schools have handled the ensuing crisis.

  • Surrey Univ follows King’s into US PPs

    Surrey Univ follows King’s into US PPs

    The University of Surrey has issued a US private placement, according to market sources, less than a month after King’s College, London returned to the market. Institutional investors are regaining confidence in the UK’s higher education sector, after a year in which revenues shrank and student intake became uncertain.

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