Europe
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German telecoms and internet company United Internet has issued one of the largest Schuldschein deals this year, raising €750m according to market sources, more than doubling its initial target of €300m. -
Mister Spex, the German eyewear retailer, remained buoyant in trading on Friday after its €326m IPO on the Frankfurt Stock Exchange.
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NatWest Markets has created a new climate and environmental, social and governance (ESG) capital markets team, which will be led by Caroline Haas.
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GlobalCapital invites market participants to submit nominations for this year’s Covered Bond Awards, which recognise excellence in the industry over the past year.
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Banks that have access to diverse pockets of demand will be far better equipped to deal with any contraction in central bank liquidity, which could occur if high inflation spooks policy makers and markets.
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French telecoms firm Iliad has sold €500m of Schuldschein debt, with a novel extension clause attached to one tranche. But due to the investor-friendly terms of the extension language, there was no push-back from lenders.
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The positioning of the European Union’s bonds as a safe asset in the eurozone financial markets has been given a huge boost amid increasing speculation that the borrower's huge volumes of supply will extend beyond the completion of its Next Generation EU funding programme. Burhan Khadbai reports.
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Equity capital markets are bracing for an influx of Russian IPOs in the autumn, following a slight easing of tensions between the US and Russia. However, not only is the threat of further sanctions still present, but Russian IPO candidates will also be heading into an increasingly crowded and difficult market, writes Aidan Gregory.
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The possible flotation of a Russian hospitals group is being billed as a revival of the country’s IPO market, with more deals to follow. Bankers pointed to the recent US-Russian summit in Switzerland as cause for optimism but investors should remain as sceptical as they appear to be about the rest of the IPO market.
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The UK published its green financing framework on Wednesday as it prepares to roll out its much anticipated green Gilt programme, with at least £15bn of issuance in the format expected over the course of the 2021/22 fiscal year.
