Europe
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UK hospital funding vehicle St James's Oncology Finance demonstrated last week how easy it can be to shrug off Brexit risks to an issuer’s ratings, despite political rhetoric ramping up since UK prime minister Theresa May triggered Article 50.
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Guarantor: Financial Market Stabilisation Fund of the Federal Republic of Germany
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Market participants were unimpressed by the European Union's effort at the long end, but the week's other benchmarks fared better.
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Deutsche Bank shares closed on Thursday April 6 at €15.68, well above the €11.65 subscription price in its €8bn rights issue, for which subscription closed that day.
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Croatia’s parliament passed an emergency law on Thursday to deal with the default crisis at Agrokor, the sprawling food and agriculture group that is the country's largest private company.
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Fears about poor asset quality are still prominent in Italy, but recent progress towards recapitalising the banking sector could have a big impact in helping Italian financial institutions make better use of international capital markets, writes Tyler Davies.
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The palette of socially responsible investment bonds is expanding. Two borrowers made SRI debuts this week with a social inclusion bond and a sustainability bond, while a third has announced its intention to follow suit.