Deutsche Bank
-
The Republic of Lebanon has picked Bank Audi, Byblos Bank and Deutsche Bank for a Eurobond issue, which it will combine with an exchange offer on its 2014 bonds.
-
Latin America’s most frequent sovereign bond issuer, Mexico, will begin meeting fixed income investors in Europe on March 26, according to a banker close to the borrower. The borrower told GlobalCapital in January that it was intending to issue in euros at some point in 2014.
-
A £62.7m block trade in UK housebuilder Crest Nicholson came at a 5% discount to Thursday’s closing price, but at a 6% premium to where the stock had been trading only a week ago.
-
Robert Snell will join Deutsche Bank as global head of multinational coverage, a new role reporting to Miles Millard, head of capital markets and treasury solutions and co-head of corporate finance.
-
Mexico has picked banks for a series of fixed income investor meetings across Europe, and kicks off the roadshow in Germany on Wednesday.
-
The Republic of Lebanon has mandated Deutsche Bank and Bank Audi for its next Eurobond issue. It is paying 2c for the deal, with banks absorbing expenses. A liability management exercise will take place in conjunction with the new issue, according to a banker away from the deal.
-
Mexico has picked banks for a series of fixed income investor meetings across Europe, and kicks off the roadshow in Germany on Wednesday.
-
The time is right for floating rate issuance, bank finance specialists believe. Market volatility, the spectre of rising interest rates and huge demand for senior unsecured bank debt have come together to create conditions in which issuers are keen to sell floaters and investors are hungry to take them.
-
-
Investors in privately placed MTNs are searching far and wide for yield. Bank issuers from Asia and the eurozone periphery are finding strong demand and will send a spate of notes in the coming weeks, medium term note dealers say.
-
Only a handful of regional finance officials stand between additional tier one debt and one of its most highly coveted markets. But the final emergence of German AT1 — to be led by Deutsche Bank, which has already signalled its appetite to issue the product in significant size — may still be some way off as the authorities in Berlin emphasise co-ordination and caution, writes Graham Bippart.
-
Lloyds Bank has completed the non-US portion of its exchange of tier two capital instruments for CRD IV-compliant additional tier one, and succeeded in increasing the capital raising.