Deutsche Bank
-
Anheuser-Busch InBev, the world’s largest brewer, received far below the €5.3bn-equivalent it had offered to buy back through a tender offer, as analysts still expect its leverage to remain at nosebleed levels for a company with a BBB+ rating.
-
Agence Française de Développement hit the market twice this week, taking advantage of the absence of competing supply to pick up cash in euros and dollars. Thibaut Makarovsky, head of funding and market operations at the agency, discussed the deals with GlobalCapital.
-
China Aoyuan Group used up the last of its debt issuance quota this week to raise $460m from the bond market.
-
Pharmaceutical manufacturer Ferring launched its first public bond on Thursday. The sector's prominent role during the coronavirus pandemic helped to drive up demand.
-
-
-
Europe’s high-grade corporate bond market had a lumpy week of issuance that petered out as the days went by. But there was a mixture of deal types for investors to snap up, including a rare chance to grab yield on a green bond.
-
Bagshaw heads to HSBC, Deutsche replaces him — Citi's Kemp retires — Karolev moves to JP Morgan
-
Aéroports de Paris, rated A by S&P, cut a lonely figure in Europe’s corporate bond market on Thursday, braving difficult conditions to launch a dual tranche deal more than 100bp inside where it had printed debt at the start of the crisis.
-
The Covid-19 outbreak has spurred at least one change for the better. Five banks have established dedicated ESG teams since the start of the pandemic to meet demand from clients committed to being more conscientious, writes David Rothnie.
-
Agence Française de Développement is looking to become the second European agency to head to the dollar market this week following an impressive result by Municipality Finance on Tuesday.