NatWest Markets
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Royal Bank of Scotland’s James Tayler is moving to the firm’s syndicate desk in the US after the previous US head of debt syndicate, Victor Forte, was hired by Mizuho.
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RWE, the German electricity and gas company, issued €1.25bn of hybrid bonds on Tuesday, which are expected to partly replace its €1.75bn hybrid issued in 2010 and to be callable in September. -
The senior unsecured market saw a spark of life despite the holiday shortened week, with €4.66bn equivalent getting away in two business days.
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If one was thinking of a similar pair of European corporate bond issuers, Unibail-Rodamco and Klépierre, the French property companies, might come high on the list. On Wednesday they both issued bonds — but the coincidence appeared to do neither issuer any harm.
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AerCap - Eutelsat - LondonMetric - Rolls-Royce - Afreximbank - International Bank of Azerbaijan - Top Right - Ba&sh - Compexposium
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UBS has made a big commitment to re-establishing its global medium term note business by hiring a well-known figure to lead the origination effort.
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The spark of life was seen in the senior unsecured market on Wednesday, with Credit Suisse’s senior unsecured bond, issued from its holding company, quickly achieving blowout status during the bookbuilding process.
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The AA’s traditional investors on Friday helped the UK car breakdown insurance company price £735m of class ‘B’ notes inside price guidance.
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Bayer, the German pharmaceutical company, has issued a €1.3bn 60 year non-call 7.5 year hybrid bond, as its hybrid issued in 2005 approaches its first call date.
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Rory Cullinan is to leave Royal Bank of Scotland, where he was executive chairman of its corporate and institutional bank, despite only having started the job in February.
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The AA, formerly the Automobile Association, the UK car breakdown assistance group, on Wednesday began marketing £735m of class 'B' notes.
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GCP Infrastructure Investments, a listed fund focused on investments in UK infrastructure debt, has agreed a £50m three year loan with Royal Bank of Scotland.
