Top Section/Ad
Top Section/Ad
Most recent
There is no crock of equity gold at the end of the rainbow
Partner has joined Clifford Chance from the newly merged rival magic circle law firm
MAG’s tightly priced bond adds credence to claims that Thames Water’s woes are isolated
More articles/Ad
More articles/Ad
More articles
-
Vivacom is adding to the trend of emerging market-based companies issuing a bond with high yield documents. The Bulgarian telecoms company wants to raise €400m of five year non-call two debt.
-
Brazilian ammunition maker CBC Ammo became the latest Latin American borrower to be hit by better than expected economic data from the US when it had to widen pricing from guidance to sell a $250m debut bond.
-
The IPO of Merlin Entertainments, the UK theme park operator, raised £957m on Friday, pricing at a premium to its US peers and continuing to trade up through the day.
-
Numéricable, the French cable firm, priced its IPO at the top of the range on Friday morning, raising €625m and taking advantage of US investors' continuing interest in the European cable sector.
-
The European high yield market has been pushing to ever more bullish highs in 2013 – more issuance, tight pricing, higher leverage, more aggressive PIK structures, challenging countries like Serbia. But this week the market expanded in a completely new way – to a 15 year maturity, writes Stefanie Linhardt.
-
Leveraged loan bankers and investors have expressed fear that an aggressive repricing of Ista International’s already tight debt margins may lead to an onslaught of opportunistic requests from Europe’s weaker credits, writes Olivier Holmey.
