Top Section/Ad
Top Section/Ad
Most recent
◆ Issuers opt for extra guidance as market softens ◆ Enexis takes size at six years ◆ DSM-Firmenich lands tight
This week's flurry of deals takes year to date volume beyond £8bn
Tech giant's meditation on permanence offered investors a juicy a pick-up for taking just a little more duration risk
Disney joins tech giant with first dollar deal in over five years
More articles/Ad
More articles/Ad
More articles
-
HSBC might be in the middle of a big restructuring, but that isn’t stopping plans to develop mid-market M&A efforts in France, Germany and Asia as well as the UK, writes David Rothnie. The bank has also bolstered its teams covering specific sectors.
-
There is about €4tr of European corporate debt due to mature between now and the end of 2025, though syndicate bankers say that the market is primed to cope with bumper issuance levels.
-
Beijing Infrastructure Investment Co used a direct guarantee structure for its dollar bond return instead of a keepwell agreement, just days after keepwell deals sold by Peking University Founder Group were not recognised in a debt restructuring. The move paid off for the metro operator — bolstering the rating of its deal and helping it get away with tight pricing. Alice Huang reports.
-
Merck, the US pharmaceutical company, launched a chunky €1bn hybrid on Wednesday, as syndicate bankers said they expect even more subordinated corporate debt despite the flurry since returning from the summer break.
-
Glencore, the UK commodity trading company, captured the corporate bond market’s attention on Wednesday with the first test of demand for a cyclical credit since the summer break. Investors jumped at the deal, with leads launching it flat to the borrower’s curve.
-
HSBC has hired Jan Laubjerg for a new position as global head of natural resources.