GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

High yield

Top Section/Ad

Top Section/Ad

Most recent


Embattled utility makes final plea for court to sanction £3bn in emergency funding
Thames Water refinancing battle is an unedifying mess
Embattled utility asks judge to approve £3bn lifeline as creditor groups keep fighting
High yield issuers may be worried about market access, but some do not see them losing it
More articles/Ad

More articles/Ad

More articles

  • Five Chinese corporate borrowers pushed into the debt market on Thursday, capping a frantic pace of deal flow this week that set a new record for Asia bond issuance.
  • Europe’s small and medium sized enterprises fear dark days ahead, as treasurers complain of banks withdrawing support and express concerns that central bank bond buying programmes favour the biggest and best capitalised companies. Mike Turner reports.
  • Adler Group, the German property firm, was the first European leveraged issue out of the gate in 2021 — a BB+ rated name tailor-made to tempt investment grade tourist money, which it managed in style, drawing a book of €4.9bn for a €1.5bn dual tranche issue on Thursday.
  • HSBC’s aims to boost market share in investment banking and rebalance towards Asia remain intact despite the resignation of one of its most senior lieutenants. But 2021 must be about execution, writes David Rothnie.
  • Asia’s dollar bond market reopened this week with record issuance. Issuers are usually keen to get in ahead of the Chinese New Year holiday, but the start to 2021 has seen a rush of new primary deals like never before. Bankers said the supply will continue, although they expect it to slow down in the next few weeks. Morgan Davis reports.
  • Adler Group, a BB+ rated company bringing an IG-style refi trade, looks set to be the first European levfin deal of 2021, with a mandate out on Wednesday for a dual tranche issue led by JP Morgan. The German property business had a transformative 2020, with two big acquisitions and a rights issue, and was last in the bond market in November.