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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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
Innovation is rampant again in structured finance
MAG’s tightly priced bond adds credence to claims that Thames Water’s woes are isolated
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  • GMAC Bank has mandated leads for the first European ABS transaction of the year, a €417m securitization of German auto loans that will offer investors two tranches of bonds.
  • Dealogic league tables of bond transactions, last 12 months rolling. Includes SSAs, FIG, investment grade and high-yield corporates, emerging markets and ABS.
  • European structured finance issuance is likely to increase slightly this year as UK mortgage lending increases and tighter spreads make deals from peripheral Europe economical again, according to Standard & Poor’s. The increase in CMBS volumes in 2013, however, may prove short-lived.
  • Dealogic league tables of total revenue transactions, full year 2013. Including Investment Banking, Debt Capital Markets, Equity Capital Markets, Mergers & Acquisitions and Syndicated Loan revenues.
  • Dealogic league tables of bond transactions, full year 2013. Includes SSAs, FIG, investment grade and high-yield corporates, emerging markets and ABS.