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Fluvius, Kojamo and Affinity Water hold investor calls
Sandwich chain joins host of ABS issuers
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
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Société Générale has hired Stewart Robinson from RBC Capital Markets to be European head of project bonds on its syndicate desk in London.
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Iberdrola on Tuesday became the second electricity company to launch a green bond, with a €750m issue that was four times oversubscribed.
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Two airport companies and one broadcaster are seeking to issue euro bonds, as new issuance has slowed after an exceptionally busy period.
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Two new companies have joined the green bond market in the past week, with domestic deals in Swedish kronor led by SEB. Skanska’s deal, related to property development, was the third from that sector, but SCA’s transaction was the first from the forest products industry.
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Merseylink, the consortium building the Mersey Gateway bridge near Liverpool, became last Friday (March 28) the first borrower to benefit from the UK government’s Infrastructure UK guarantee on a public, listed bond issue. It was also the guarantee’s first use on a project financing and on a public-private partnership.
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Daimler led the week with the largest ABS since last April, spearheading a potentially busy month in securitization. Hotly-anticipated deals from SolarCity and Colony Capital also hit the market, opening the way for other potential solar and REO-to-rental issuers.