Top Section/Ad
Top Section/Ad
Most recent
◆ Deal attracts highest bid-to-cover ratio of the year so far ◆ Extensive marketing helps fuel demand ◆ Pinpointing fair value tricky
◆ First Swissie corporate bond since Alphabet's finds size ◆ Dual tranche trade lands tight ◆ Domestic corporate undersupply helps demand
◆ 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
More articles/Ad
More articles/Ad
More articles
-
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.
-
Royal Schiphol, the Dutch airport, brought a dual tranche conventional and green trade with a small to flat new issue premium on Tuesday, as even issuers in sectors worst hit by the pandemic show it’s possible to garner more investor interest by linking their debt to environmentally conscious uses.
-
Corporate bond investors had another chance to pick up some spread on Tuesday after August had closed with a flurry of hybrids, with crossover trades from French nuclear power company Orano and Italian electricity company Enel.
-
After a period of quiet, the Schuldschein market is creaking back into life. At least four international companies have entered the market in the past week on the hunt for new debt.
-
Veolia Environnement, the French water and waste firm, has made an unsolicited €2.9bn bid for a 29.9% stake in compatriot rival Suez. The target company’s board has rebuked the offer without rejecting it outright, though it has created a committee to fully analyse the potential purchase.
