Issue 1481

Main

Leader

Basel IV, III, II, I, 0

The death of ultra-long debt

Public Sector

News

Trump shows eurozone cost of growth

EBRD first foreigner to print Kazakh index-linked note

OeKB heads north to find new investors

UK's Hammond prepares 'fiscal reset'

EIB taps Kanga 10s and reopens Mexican peso

Doubts over EC’s fiscal push call, as ECB tipped for dovish December

Trump-induced volatility may be here to stay

Trump brings volatility to nervy fixed income market

Bond Comments

BNG USD600m 1.625% Nov 19 sustainability bond

Covered Bonds

News

Covered bonds no longer a sellers’ market as party over

Covered issuers rush to market before funding window shuts

Bond Comments

Financial Institutions

News

FIG issuers hold back as NIPs rise on rates volatility

ING plunges dollar demand for third AT1

French tier three poised for November arrival

MPS stares down the barrel of a bail-in

Bond Comments

Securitization

Asset Backed Securities

News

Jefferies arranges second Lending Club ABS

Trump’s reg easing needs to bring borrowers out of the shadows

CLO market pushes on unfazed by election result

SoFi brings pair of ABS offerings to market

Softer demand seen for Granite leftovers

Lloyds lands rare UK prime RMBS deal

Political uncertainty should drive interest in secured credit, says BAML

Mobile phone-backed bonds hit UK shores

Trump’s trade wars put US capital markets at risk

GSE reform back on the table under Republican rule

Residential MBS

Structured Credit

Derivatives

Moody’s rates Yapi ve Kredi Bankasi covered bonds

ESMA brings tentative relief on clearing for smaller counterparties

Giancarlo not Trump can make regulation great again

CME starts trading volatility-quoted FX options

Dubai equity futures gather support

Credit derivatives shrug off Trump volatility

Tullett receives FCA nod for ICAP buyout

New derivs trading arsenal unveiled to face great rotation

Corporate Bonds

News

Abbvie pushes jumbo deal through rates vol

Mylan rides pharma high but pays for euros

Corporates prepare to down tools as rates vol punctures market

Pharma deals drive dollar issuance in post-election rush

Bonds Comments

Unibail-Rodamco EU500m 0.875% fEB 25

American Express EU1bn 0.625% 21

High yield

MTNS and CP

News

Bond Comments

Syndicated loans and leveraged finance

Investment grade or Non-leveraged loans

Louis Dreyfus pushes out loan tenors

Schuldscheine crossing finish line at full throttle

Leveraged finance loans

Buyout wave welcomed but levloans still thirsty for more

Technicolor refinancing does little for monochrome market

MRH and UPC aim for refinancing slipstream

Lindorff takes €4.25bn for Intrum merger

BMI postpones loans as rent negotiations stall

Emerging market loans

Banque Misr loan said to have state guarantee

Allegro wins tight pricing as banks flock towards Z5bn Polish LBO loan

Gunvor boosts RCF refi to $1.67bn

Dubai’s Gems Education loads up on loans with $500m deal

Loans, news in brief — November 17, 2016

Emerging Markets

News

SanChile takes a turn in Taiwan, and is seduced by Swiss mart

Shock as Russia accuses economy minister of bribery

Gazprom mandates Swiss issue after eurobond print

Czech telco tests demand for euros

Seven stages of trauma: EM post-Trump

Latvian 4Finance checks HY after TBI buyout

Turkey plans $6bn international bonds in 2017, lists $8bn SEC shelf

Higher cost of funds to plague EM as final few issuers line up

Cabei leaps through window to Aussie debut

Belize bondholders mobilise as government seeks talks

Lat Am bankers fear drought, urge pragmatism

Bond Comments

League Table

Equity

Greencore launches £439m rights to buy Peacock Foods

RussNeft presses ‘go’ for IPO as Trump lifts Russia

SEB sells €150m debut CB for M&A at negative yield

Varta seeks €150m in batteries IPO

Civitas to be £350m social housing Reit

Dis-Chem rises 16% on debut after R4.4bn IPO

DNA opens book for IPO of up to €450m

Warehouses de Pauw gets €178m for growth in ABB

Great Rotation for real? New mood sweeps through equity capital markets

Market News

People Moves

People Moves in Brief

Deutsche overhauls investment grade DCM team, Diamond takes on SSAs

Columns

Leader

The Naked Broker

Credit Matters

GlobalCapital View

Food for thoughts

Southpaw

Commerzbank’s corporate finance overhaul starts at home

Euroblog

MTN Leak

MTN Leak: Norway's Christmas cheer

Loans Ranger

Tuesday view

Uncertain times may bring back a bond market many don’t remember

Banks must keep climate pledges despite Trump victory

League Tables

Loans

Bonds

Revenue

New Issues

Cartoons