Latest news on corporate MTNs, private placements, Schuldscheine

• LafargeHolcim launches chunky dual-currency Schuldschein

  

  LafargeHolcim has returned to the Schuldschein market looking for an initial size equivalent to €300m, across dollar and euro tranches.

  • 17 Sep 2018

• Standardised Schuldschein docs will inspire ‘evolution, not revolution’

  

  GlobalCapital understands that next month the Loan Market Association (LMA) will publish a set of standardised documentation for issuance in the Schuldschein market. Market players see this as a step in the right direction, as opposed to a leap.

  • 17 Sep 2018

• Porsche Salzburg launches SSD with rare fixed and floating difference

  

  Porsche Holding, the car distributor headquartered in Austria, launched a triple tranche Schuldschein on Thursday, which offered tighter margins for floating rate notes — a near novelty in the Schuldschein market, but a novelty that made sense to many market participants.

  • 13 Sep 2018

• ‘Have you forgotten your brothers?’

  

  Those at Lehman Brothers on Monday, September 15, 2008 will remember the moment the lines between the London and New York offices went dead.

  • 13 Sep 2018

• Intersnack banks on SSD flexibility with sterling tranche

  German snack food company Intersnack has launched a €150m-equivalent Schuldschein with euro and sterling tranches — evidence, market players said, of the flexibility of the instrument.

  • 13 Sep 2018

• Intersnack banks on Schuldschein flexibility with sterling tranche

  

  German snack food company Intersnack has launched a €150m-equivalent Schuldschein with euro and sterling tranches — evidence, market players said, of the flexibility of the instrument.

  • 12 Sep 2018

• Grosvenor finds new lenders as it raises £250m

  

  UK property company Grosvenor Britain & Ireland placed three private placements with six different investors this week, two of which were new to the credit. Some of the funds will go towards the firm's plans to help ease the UK's housing shortage.

  • 07 Sep 2018

• Sixt places digital Schuldschein as platforms position and proliferate

  

  German car leasing company Sixt has raised €200m in the Schuldschein market, part of which was sold through Helaba’s platform, VC Trade. As the market digitises, two platforms — one promoted by Helaba and one by LBBW — are pulling ahead of the pack. But three other platforms are nipping at their heels, positioning themselves where the other two find it harder to reach.

  • 30 Aug 2018

Corporate private debt news archive