News content
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A series of oversubscribed deals among core issuers could encourage Austria to seek a print in the current market.
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Equity capital market banks will love an IPO of Saudi Aramco, or parts of it, if one happens. But getting there is going to be arduous and could disrupt other business this year. The best thing for the market would be a quick and clear-cut process. Sadly, bankers say that is unlikely. -
The Slovak Republic sold its €1bn 15 year bond on Thursday in what proved another lesson for bond syndicates in how inaccurate CEE sovereign secondary curves can be as a measure of where to price new bonds.
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Chemicals group ChemChina will use the proceeds of a bridge facility to support its €925m acquisition of German manufacturer KraussMaffei Group, announced on Monday.
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A trio of Spanish issuers launched the first covered bonds of the year from southern Europe this week but, with peripheral spreads widening sharply, conditions are not conducive to further supply.
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Portugal equalled its largest ever benchmark size with a visit to the 10 year part of the curve on Thursday, taking the week’s overall sovereign euro issuance to a record high.
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Car companies’ bonds were knocked wider again on Thursday after news broke of possible scandals affecting Renault and Fiat Chrysler.
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Portugal equalled its largest ever benchmark size with a visit to the 10 year part of the curve on Thursday, taking the week’s overall sovereign euro issuance to a record high.
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NRW.Bank printed a trio of €500m notes this week, equalling its highest ever weekly volume for private placements, according to Dealogic.
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Investors in the public high yield bond market have gone right off riskier structures such as payment-in-kind notes, only two months after they eagerly grabbed a €1.1bn PIK deal for ICBPI, one of the biggest of its kind.
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Law firm Dorsey & Whitney has hired a partner as part of its expansion in the private equity and acquisition finance sectors.
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Trafigura, the Singapore based commodity trader, launched a $4.3bn loan refinancing on Thursday as it looks to improve terms off the back of a standout year in 2015.
