Structured Bonds - All Articles

  • HSBC picks new green bonds head for EMEA

    HSBC has appointed a new head of sustainable bonds for EMEA, in its debt capital markets team, after Victoria Clarke left to join Barclays in August.

    • 28 Nov 2018
  • California wildfire blindsides cat bondholders

    The frequency of devastating wildfires has rocketed in California over the past two years. Camp Fire, still burning through California, looks set to wipe out a catastrophe bond, leading to sharp questions about how to model and price an emergent risk to companies, buildings and people when this is bundled out to the capital markets.

    • 22 Nov 2018
  • The alarm bells are going off across the City

    Between sleeping and waking, there is a middle phase: you realise it’s time to get up, but can’t quite bear to admit you need to get out of bed. London’s debt capital markets teams are in that zone. Brexit’s alarm has sounded, but few are eager to haul themselves into the cold air of Frankfurt or Paris.

    • 22 Nov 2018
  • Brexodus spreads to DCM and syndicate

    Some investment banks are beginning to move debt capital markets and bond syndicate bankers from London to the EU 27 because of Brexit, or are preparing to do so. Every bank is tackling the issue in its own way, but the common view that in the bond market only trading and sales people would have to move is now looking less tenable.

    • 21 Nov 2018
  • Wake-up call for investors in human rights laggards like Heinz and Starbucks

    Investors need to use their voices, especially by voting at AGMs, to improve the poor performance of many companies on protecting human rights, according to supporters gathered in London on Monday for the launch of the second annual results of the Corporate Human Rights Benchmark.

    • 14 Nov 2018
  • Center Parcs ensures no break for sterling investors

    Center Parcs UK on Tuesday become the fourth corporate issuer to sell sterling bonds in the previous six business days. The holiday village operator's combination of new bonds and a tap of an existing issue took the total printed by the four issuers to £1.8bn.

    • 13 Nov 2018
  • Swollen Cali wildfire risk hits insurance, ILS sectors

    Camp Fire is the most destructive wildfire in California’s history and the latest sign that insurers in the state are facing a recurring threat from blazes. Within the catastrophe bond market, the recent events have focused minds on insurance losses as usual, but also on the utility companies that have issued securities to cover their liability for losses.

    • 13 Nov 2018
  • Tie banker bonuses to ESG, says Euro Parliament in radical push for green finance

    The chances of a profound transformation of financial markets to equip them to fight climate change rose this week, when the European Parliament adopted a bold set of policies that would require investors, banks and companies to take into account their impacts on the environment and society. Bonuses would be linked to sustainability targets.

    • 08 Nov 2018
  • Dudgeon restores sterling market confidence

    TC Dudgeon Ofto — the owner of the transmission lines from the North Sea Dudgeon Offshore Wind Farm — restored investors’ confidence in the sterling corporate bond market on Tuesday. It was notable, as it was a fundamentally green issuer selling bonds without green bond labels.

    • 07 Nov 2018
  • European Parliament pushes for tougher impact disclosures

    The European Parliament will push for stronger rules on sustainability for investment firms and banks, after its Economic and Monetary Affairs Committee voted on Monday evening to go beyond what the European Commission is recommending.

    • 06 Nov 2018