France
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The Ranger’s favourite expression — “The rules are, there ain’t no rules” — was thoroughly quashed last week by a load of bankers who love rules.
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Altice, the fast-growing French cable telecoms investment group, raised €1.61bn of new capital today (Thursday October 1) with an intraday accelerated bookbuild, to finance its acquisition of Cablevision, the US cable company.
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EDF has expanded its investor base into Taiwan with a $1.5bn bond, the first time a European issuer has bought a dollar bond to the Formosa market.
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The message from market participants at the Euromoney/GlobalCapital Corporate Summit in Paris on Monday was clear: private placement investors need to go global.
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The French government presented its 2016 budget on Wednesday, revealing its funding target for next year.
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Bank of China Paris branch, BNP Paribas, HSBC France and Natixis are to share euro/offshore RMB (CNH) exchange rate information, financial organisation Paris Europlace said in a September 24 press release.
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Present market conditions are unusually difficult for corporate borrowers, treasurers said today at the Euromoney/GlobalCapital Corporate Summit in Paris.
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Hopes of concerted action to tackle climate change have been dashed before, but many are daring to be confident about the Paris summit this December. Jon Hay reports.
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The holding company of French motorway operator Société des Autoroutes du Nord-Est de la France, Holding d’Infrastructures de Transport, printed a €200m tap on Tuesday as the primary market remained quiet.
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Deezer, the French music streaming website, this week registered its document de base with the French regulator in view of listing its stock in Paris.
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