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US issuers and insurance companies could benefit as Moody’s relaxes parts of its approach
Investors attracted by relative value versus loans but are not blind to risk
Floridian manager registered the vehicle in Ireland with article 8 SFDR classification
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ConvaTec, the maker of medical goods including wound dressings and catheters, will hold a bank meeting on Tuesday to market a €1.5bn-equivalent refinancing project that will take out loans and bonds.
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Indonesian airline Garuda Indonesia has mandated 15 banks to arrange its first dollar outing, which will be in sukuk format. Roadshows will take in the Middle East, Asia and Europe.
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China’s decision to lower its deposit as well as lending rate on May 10 has prompted a recovery in the country’s capital-hungry real estate industry. And China Aoyuan Property Group is looking to take advantage of the improved sentiment to price a three year bond on May 18.
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BNP Paribas looks set to lose its high yield credit trading head in London.
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Following a slow start to the year, momentum is final picking up for the dim sum bond market with a pair of issuers looking to kick off their roadshows on May 18.
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Société Générale is merging its high yield and hedge fund sales businesses, with the two team heads likely to leave their posts.