Structured Bonds - All Articles

  • GlobalCapital opens 2019 poll for SRI Awards

    GlobalCapital has launched its poll to determine the 2019 winners of its Sustainable and Responsible Capital Markets Awards. Market participants are invited to participate.

    • 28 Jun 2019
  • Carmignac takes two investors from Edmond de Rothschild

    Eliezer Ben Zimra and Guillaume Rigeade will join Carmignac’s fixed income team next month to manage a multi-asset fund.

    • 26 Jun 2019
  • CVC raises $1.4bn for global distressed strategy

    Investment manager CVC Credit Partners has closed its latest fund, a $1.42bn vehicle that will focus on distressed opportunities across North America and Europe.

    • 24 Jun 2019
  • GlobalCapital launches Sustainable Financing and Investing Survey

    GlobalCapital is conducting a global research survey on the fast-changing markets for sustainable financing and investing. It will combine the views of issuers and investors to give a nuanced picture of how this trend is changing capital markets for both groups.

    • 19 Jun 2019
  • Markets welcome EU Sustainable Finance announcements

    Four major announcements have been made today by the European Commission and its Technical Expert Group, which is drafting the substance of several parts of its multi-faceted Sustainable Finance Action Plan. There were new texts on the Taxonomy, Green Bond Standard and Low Carbon Benchmarks regulations as well as guidelines for companies on how to report climate change-related information. Many market participants welcomed them.

    • 18 Jun 2019
  • BNP Paribas veteran to retire

    A long-standing capital markets practitioner is leaving BNP Paribas.

    • 14 Jun 2019
  • Green bond market debates whether opex has a place in use of proceeds

    Green bond specialists are divided over whether proceeds of labelled green bonds can be used for operating expenditure, or whether they should mainly or entirely be used for capital expenditure.

    • 13 Jun 2019
  • ESG price ratchet enters Schuldschein: bonds next?

    A structure developed in the loan market, in which a company’s financing margin can be lowered during the life of the deal if it improves its environmental, social and governance credentials, has crossed over into the Schuldschein market. That raises the possibility it could make the leap to the bond market, write Silas Brown and Jon Hay.

    • 13 Jun 2019
  • Bragging rights available: first ESG-linked bond

    Bond market alpha types may find it galling when the fusty old loan market can teach them an innovative new structure. And yet, that may be about to happen.

    • 13 Jun 2019
  • People moves in brief

    Terranova finds new ground at BNPP — BBVA appoints equity head from Commerz — Czornik joins JPM for German M&A

    • 13 Jun 2019
  • Green Bond Principles forms Advisory Council, gives new guidance

    The Green and Social Bond Principles’ executive committee has decided to leave the Principles unchanged this year, but is publishing three new documents on Thursday to help market participants. It also plans to launch an Advisory Council, to enable it to listen better to the concerns of the market.

    • 13 Jun 2019
  • Temasek’s Azalea serves up bigger, better Astrea V

    Temasek Holdings and its wholly-owned Azalea Asset Management this week brought out Astrea V, the latest collateralised fund obligation (CFO) backed by cash flow generated from private equity funds, finding an even better response than their last outing.

    • 12 Jun 2019
  • Cabot lengthens maturities as Intrum strikes Greek NPL deal

    UK-based debt purchaser Cabot Credit Management has extended its maturity profile with an opportunistic refinancing of its 2021 high yield notes, with solid demand for the deal allowing it to redeem a sterling tranche as well.

    • 04 Jun 2019
  • Bayer spinout ought to boost skinny levloan supply

    Bayer’s sale of its animal health unit ought to help a leveraged loan market where supply is still running short of last year’s total — and help loan investors compensate for M&A deals that have dropped out of this year’s pipeline.

    • 03 Jun 2019
  • Cairn sets up UCITS credit fund with Mediobanca

    Cairn Capital will be able to distribute its multi-asset credit offering more widely, through the establishment of a joint UCITS (undertakings for collective investment in transferable securities) fund with its owner Mediobanca.

    • 03 Jun 2019