Credit Suisse
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As the rights trading period for Banca Carige’s €850m capital raising nears its end, its shares have steadied, to €1.554 on Thursday, only 4% below last Friday's level. -
The investment grade corporate bond market suffered another difficult day on Monday, with the breakdown of talks between Greece and its creditors at the weekend giving issuers and investors ample reason to shun the primary market.
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International schools operator Nord Anglia on Friday announced a Sfr235m bond to finance its recent purchase of six schools from Meritas.
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Hong Kong’s Nord Anglia Education, listed on the New York Stock Exchange, priced its follow-on offering on June 10 at a tight discount of less than 1% and upsized the deal to raise $170m, after receiving a stellar response from investors.
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Toronto Dominion Bank was this week able to muster strong demand for a five year covered bond which priced cheap to Royal Bank of Canada’s seven year, which struggled.
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Eurofima and KommuneKredit attracted strong demand for outings in long-dated Australian dollars and Swiss francs on Thursday.
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Cairn Homes, a new Irish housebuilding company, completed its IPO in London on Wednesday, raising €400m in the largest Irish flotation for years.
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Shares and rights of the two Italian banks going through recapitalisation rights issues made big moves again on Thursday, but bankers believe the deals for Banca Monte dei Paschi di Siena and Banca Carige will still succeed.
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Compagnie de Financement Fonciere (CFF) has issued the first euro denominated three year conventional covered bond this year.
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Mauser, the German industrial packaging group, is working to a short deadline as it amends its loan documents to make them more flexible for an IPO and a dividend payment.
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Dollar borrowers were forced to pay up to access the market amid continuing market volatility as they raced to take advantage of attractive funding costs ahead of the looming Fed meeting.
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Service Industriels de Genève, a public sector mixed utility provider, returned to the Swiss franc market for the first time in more than 15 years on Thursday.
