Deutsche Bank
-
Dutch food and biochemical company Corbion has refinanced its revolving facility with a five year loan with an interest rate linked to the company’s year-on-year sustainability performance. -
Deutsche Bank shares were up nearly 4% on Friday morning, following confirmation on Thursday evening that the Federal Reserve had failed the Comprehensive Capital Analysis and Review submission from its DB USA unit on qualitative grounds. The Fed also blocked planned payout boosts from Goldman Sachs and Morgan Stanley.
-
Anagh Chaudhry, a member of the Asia ECM syndicate team at Deutsche Bank, has resigned from the firm.
-
-
-
Sovereign, supranational and agency borrowers were out in force this week, but the second busiest week of the year for euro funding was notable for the lack of price tension on many deals.
-
There was a smattering of sterling deals from public sector borrowers this week, as the biggest issuer in the currency — the UK Debt Management Office — provided details for its next syndication.
-
Germany’s largest residential real estate company, Vonovia, took its total bond issuance year to date to €3.6bn after announcing a €500m no-grow five year deal as it continued to fund its M&A activity.
-
Chinese mobile streaming platform Inke hit the road with its Hong Kong IPO this week armed with anchor demand as it seeks up HK$1.5bn ($192.6m).
-
A green bond and a conventional bond both hit the euro market on Wednesday. While neither aimed for size, the pricing action showed much hotter demand for the green offering.
-
Chinese mobile streaming platform Inke hit the road with its Hong Kong IPO on Wednesday. With strong anchor demand in the bag, it is reaching for proceeds of up to HK$1.5bn ($192.6m).
-
The European leveraged loan market is starting to look a lot like it did in May, with a table full of multi-billion deals and bankers concerned about how much this spike in issuance could play into investors’ hands.
