GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Structured Bonds

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Partner has joined Clifford Chance from the newly merged rival magic circle law firm
Innovation is rampant again in structured finance
MAG’s tightly priced bond adds credence to claims that Thames Water’s woes are isolated
ABS
Junior notes are on negative outlook but pub revenues are rising
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  • A rare wireless spectrum deal from Sprint is already seeing secondary market action after being priced on Wednesday.
  • Brussels has moved even faster than green finance experts hoped to bring forward its Sustainable Finance Action Plan, a document stuffed with measures to change the way financial markets operate and make them better fitted for the fight against climate change.
  • SRI
    The European Commission’s Sustainable Finance Action Plan, announced on March 8, involves no less than 10 different workstreams, covering a wide range of the ideas put forward by the High Level Expert Group on Sustainable Finance, which held a one year inquiry for the European Commission during 2017.
  • Dare Holdings, formerly Anoa Capital, is trying to escape its role as a remarketing agent on the troubled EA Partners I and II bonds issued by Etihad — and backed, unfortunately, by stakes in insolvent Alitalia and Air Berlin.
  • Wireless carrier Sprint is out with a securitization backed by spectrum licences after announcing that it would re-enter the market nearly two years after it issued its first ABS.
  • SRI
    The European Commission plans to move ahead fast with a wide range of actions to green financial markets, according to a leaked draft of its Action Plan on Sustainable Finance, seen by GlobalCapital.