Top Section/Ad
Top Section/Ad
Most recent
Investors maintain orders as issuers push tight, although some limits are appearing
◆ Canadian retail chain lands euro bond close to equivalent dollars ◆ Some concession needed for first new euro line in two years ◆ Minimal attrition as issuer pushes through 100bp barrier
◆ Vier Gas almost six times covered ◆ RCI Banque increases size ◆ Pair price with minimal concessions
Earnings blackouts and higher funding costs to supress April supply
More articles/Ad
More articles/Ad
More articles
-
The Chinese local government financing vehicle (LGFV) sector ran into some trouble this week, causing a sell-off in the secondary market and a primary deal to be pulled. The fallout from the events could lead to a challenging start to 2020, writes Addison Gong. -
Hebei-based steelmaker HBIS Group raised $300m from a bond this week ahead of an April maturity. It hit the market when investor confidence was shaken by recent and upcoming defaults from China.
-
Chinese state-owned commodities trader Tewoo Group has announced the final results of its offshore debt restructuring, with investors accepting losses on their principals or facing delayed repayments up to 2039.
-
The AA, the UK car breakdown cover and associated services company, is seeking to buy back some of its bonds, in one of several tender offers syndicate bankers say are in the works.
-
Shangrao Investment Holding Group Co tried to brave the market with a three year bond on Tuesday despite a volatile start to the week for local government financing vehicles (LGFVs), but it ended up pulling the dollar transaction.
-
Kunal Gandhi, the head of corporate broking at Barclays, has left the bank, GlobalCapital understands.
