News content

Chinese technology firm Tencent Holdings has closed its borrowing at $2.45bn, nearly double the original launch size.

Kenya’s two year sovereign loan grew from $600 to $750m in syndication, boosted by the lack of syndicated loans elsewhere in Africa this year.

O2 Czech Republic has signed up to Ck12bn (€444m) of loans, of which it will use part to fund a share buyback programme.

CEEMEA bonds have been entirely unmoved by Wednesday’s historic US Federal Reserve rate rise — its first hike since 2006 — as US Federal Reserve chair Janet Yellen's dovish tones soothed investors.

The US Federal Reserve may have hiked rates just as the latest Star Wars film premiered — but many in the public sector borrower market were more interested in the central bank’s hints on where rates will be when the next instalment of the sci-fi saga hits cinemas in 2017.

UBS successfully completed a cash tender offer for Sfr6.1bn ($6.12bn) of its securities on Thursday, as the group looks to further strength its capital base.

For Latin American bonds, the US Federal Reserve’s decision to finally raise interest rates could not have provoked a more contrasting reaction than when it gave the first indication it was looking at tightening monetary policy back in May 2013.

The US Federal Open Market Committee (FOMC) raised federal funds rate for the first time since the financial crisis, opting for a 25bp increase. The move had been widely expected, but analysts are expecting a degree of volatility, at least in the offshore RMB (CNH) markets.

High yield credit and stock markets were immediate beneficiaries of the US Federal Reserve's decision on Wednesday to raise interest rates for the first time since 2006.

A group of 24 investment management firms has pledged to begin voluntarily clearing their single name credit default swap trades through central counterparties (CCPs), hoping this will encourage other buyside firms to follow suit and help revitalise the credit derivatives market.

Regional issuers may look for higher volume trades in order to cash in on the better cost of funds available for assets on the European Central Bank's buying list.

Royal Bank of Scotland is moving forward with its plans to divest its Williams & Glyn branch network, but it is as yet unclear whether the sale will be done as an IPO or a straight sale.