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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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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  • Iberdrola, the Spanish energy company, tapped the euro market for its second green bond of the year on Thursday, pulling in orders fast enough to print the deal by early afternoon.
  • The first deal from the UK government’s £3.5bn private rented sector (PRS) guarantee scheme has been sold to investors.
  • CEE
    Russia’s economy minister Alexey Ulyukaev was detained on Tuesday after allegations that he accepted a “grand bribe” from Rosneft in exchange for allowing it to buy Bashneft earlier this year.
  • This week, those in the capital markets showed it’s not just electorates that can deliver surprises. Investors got one back — by making markets rise on a shock Donald Trump election victory.
  • Do not be reassured by the checks and balances narrative. The US presidential election matters desperately. Either the US will be in a position to keep leading the world, or it won’t.
  • The US stock market and the dollar have been falling since last week, as fears have grown that Donald Trump might win the US presidency in Tuesday's election.