Issue 1441

Main

Leader

Not a Second Coming of the banking crisis…

Corporate bonds: gimme shelter

Public Sector

News

Portugal in the danger zone amid spiralling bond yields

Dollar issuance to resume after rough week

Norrey see his like again: Carl to retire

SSAs print euro deals through storm but Bund yield falls cause worry

New York MTA turns signals green for bond debut

Bond Comments

Covered Bonds

News

Bond Comments

Financial Institutions

News

ACSM: the forgotten fix for AT1?

Investors given third bite of the cherry in Lloyds’ ECN battle

Bank securities thrashed in crisis déjà vu

Bond Comments

Goldman Sachs EUR1.25bn FRN Dec 17

UBS steers first Swissie senior holdco through storm

Mood split on health of short term markets

Securitization

Asset Backed Securities

News

Busy secondary market holds back CLO primary issuance

Talk of negative rates saps CLO confidence

Solid fundamentals seen in European CLOs despite price volatility

BlackRock debuts its Euro CLO on second try

Signals turn green for transportation ABS

Fannie Mae prices first CAS deal of 2016

Ranger Capital reopens direct lending fund

Rapid US home price growth stokes bubble fears

More insurance buyers to turn to CLOs

Fragmentation still the key concern on STS

UK ABS paper set to launch

New rules and thin profits force CMBS lenders to change tack

Residential MBS

Structured Credit

Derivatives

CBOE anoints VIX watchdogs after August 2015 fallout

Derivatives markets price greater Brexit risk

Obama to double SEC and CFTC budgets with bank fees

Markit touts first tradable EM interest rate swap index

Sovereigns dodge credit market barrage

Financials under heavy scrutiny as Europe suffers dislocation

Banks prepare for US onslaught as regulators ink deal

Corporate Bonds

News

IG European corporate bond market tries to steady ship in choppy waters

CA Immobilien gets €150m retail bond

Falling knife chops dollar market as issuance falls to 2008 levels

ASML adds to the pipeline after three year absence

BMW defies vicious volatility to print

Bonds Comments

High yield

MTNS and CP

News

Bond Comments

Syndicated loans and leveraged finance

Investment grade or Non-leveraged loans

Relationship banks show Sanoma faith on return

Sonangol signs $1bn after lengthy syndication

Shell scraps £10bn bridge facility for BG deal

Loans, news in brief — February 11, 2016

Leveraged finance loans

Solera holds meetings ahead of acquisition

European lev loans blast past ‘broken’ US market

Keurig deal leaves questions on price points

B&B Hotels hit with wide pricing by market volatility

Action prices dividend recap at impressive margin

Emerging market loans

Loans ahoy for Standard Bank in South Africa, Kenya

Emerging Markets

News

Lead orders and yield get Kuveyt Turk done

Russia expected in dollars and RMB, but sanctions worry raised

Argentina bond market return inches closer

Pacifico 3 stays on sidelines as LatAm credits join global sell-off

EIG urges Pacific bondholders to take cut price offer

Bond Comments

League Table

Equity

Saipem shares tumble after €3.5bn rights issue leaves €427m hanging

Soitec readies two-stage cap increase to buy back CB

Countryside counts on long-only support for IPO

Catena Media shoots up on start of trading

Scandi Tobacco does first Copenhagen IPO of 2016

IPO comfort as deals trade up despite sell-off

CMC Markets completes £218m IPO, trades down

Ascential prices IPO, trades flat on first day

SIF Group withdraws IPO on market volatility

Nykredit to float… in one to two years

Arcelor bonds tighten as it plans $3bn raise

Market News

People Moves

Vasan returns to UBS for EMEA debt head role, Cree to co-head combined SSA team at DB

People Moves in Brief

BNPP’s Gérardin: we are better placed than our competitors

Columns

Leader

The Naked Broker

Credit Matters

GlobalCapital View

Food for thoughts

Southpaw

Credit Suisse slows corporate finance growth as volatility hits banks

Euroblog

MTN Leak

MTN Leak: Six Nations gloom

Loans Ranger

Tuesday view

Why Europe needs to find more misselling

Ditch-A-Bank

BNPP should tip its strategy hand

League Tables

Loans

Bonds

Revenue

New Issues

Cartoons