Latest news on corporate MTNs, private placements, Schuldscheine

• Forth Ports docks into US PP market

  

  Forth Ports, the port operator with headquarters in Edinburgh, is marketing prospective US private placements this week.

  • 24 Jun 2019

• Berlin rent freeze sends shivers through German housing finance

  

  A corner of Europe’s capital markets that up to now has offered both stability and growth — German housing companies — has been thrown into turmoil by a five year rent freeze on all housing, proposed by the State of Berlin, write Silas Brown, Aidan Gregory and Jon Hay.

  • 20 Jun 2019

• Swedish krona prepares for midsummer break

  

  Issuance in Swedish kronor picked up this week, with three corporate issuers placing Skr6.28bn ($667.9m) across four private placements, as issuers looked to get in ahead of the midsummer break. In euros, a Dutch and French agency both placed paper, while protests in Hong Kong caused yields to spike in offshore Chinese renminbi and Hong Kong dollars.

  • 20 Jun 2019

• Schuldschein rarity as Agrana markets fixed, floating notes at different margins

  Agrana, a food producer headquartered in Vienna, is marketing a Schuldschein where its floating notes are some 20bp inside the fixed note offering. Two market participants said they had never seen this before.

  • 20 Jun 2019

• Private debt: a Goldilocks moment

  Europe’s private debt markets are progressing admirably. More and more companies are issuing, or at least aware of the possibility — and they have a varied choice of markets. Players in the Schuldschein and US PP markets are confident and looking ahead to new opportunities, as the products grow in geographical reach, asset class and technique. As Jon Hay reports, there’s just one snag — the credit cycle is nearing its end.

  • 17 Jun 2019

• Schuldschein sizes up digital crowd as 11 compete for crown

  The Schuldschein market has become a hotbed of technological innovation over the past 12 months, with as many as 11 digital platforms cropping up, claiming to have solutions to the instrument’s age-old, if slightly charming, inefficiencies. Silas Brown looks into the secrets to a digital platform’s success.

  • 17 Jun 2019

• Schuldschein expands eastward in a digital age

  VIENNA PRIVATE DEBT ROUNDTABLE The Schuldschein market is widening its circle of issuers and investors. It is now a natural choice for Austrian companies wanting to complement bank funding, but not necessarily big enough to issue public bonds.

  • 17 Jun 2019

• Euro PP: not dead, but in hiding

  The Euro private placement as an organised, visible, investment grade-like market has disappointed its founders. But despite unfavourable monetary policy, institutional corporate lending has taken hold. As Jon Hay discovers, the deals are there — but well camouflaged.

  • 17 Jun 2019

Corporate private debt news archive