Structured Bonds - All Articles

  • Cut taxes to keep banks in London? Do it now

    Brexit has been a slow-burning problem for the City of London, but burning it is. Financial markets are regulated. With worse access to Europe, the UK must make itself attractive to financial firms in other ways.

    • 24 Jul 2018
  • BNPP merges US credit markets and banking, hires new levfin head

    BNP Paribas is combining its primary and secondary activities in US credit markets under a new Global Credit Markets Americas division, with a new head of leveraged finance joining from Deutsche Bank to bolster the firm’s offering.

    • 23 Jul 2018
  • EDIFY debuts in Euro PP market

    Investment firm EDIFY, headquartered in Luxembourg, has issued its first Euro PP notes.

    • 20 Jul 2018
  • OIS electronification in play for Sonia term rates

    The Bank of England this week laid out its plan to build reliable term rates from the sterling overnight interbank average rate (Sonia) that it has chosen to replace Libor, recommending that overnight index swaps on the rate be traded on venue.

    • 19 Jul 2018
  • Loans in Brief: 19/07/2018

    • 19 Jul 2018
  • New group tackles ultimate green challenge

    A move is under way to broaden the idea of Science-Based Targets — one of the most ambitious wings of the business world’s fight against climate change — to take in other ‘planetary boundaries’ such as fresh water and land.

    • 19 Jul 2018
  • Investors clamour for cheap AA refinancing

    UK vehicle breakdown recovery and car insurance company the AA plc sold £550m ($726.63m) of new bonds on Tuesday as part of liability management exercise involving buying back existing debt and repaying a term facility, but it paid a juicy spread to get the deal done.

    • 11 Jul 2018
  • Euro PP buyers lean to loans as MAR and MiFID bite

    Euro private placement (Euro PP) transactions can be structured as loans or as bonds, depending on the preferences of both parties. But some smaller investors have withdrawn from the bond format, concerned that it brings them into the scope of MiFID II and of MAR, though market participants are hatching plans to bring them back.

    • 05 Jul 2018
  • Loans in brief - July 5, 2018

    • 05 Jul 2018
  • Pricing in climate change cannot solve it

    A huge push is on to get capital markets to face up to climate change and start pricing in the risks. But there is a paradox: the more they get priced in, the harder it will get for those most vulnerable.

    • 03 Jul 2018