© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

News content

  • Marel, the Icelandic food processing company, has signed €670m of loans that it will use partly to finance the acquisition of Netherlands-based Meats Processing Systems.
  • The US medical manufacturer has priced a Sfr750m ($733.92m) triple-tranche Swiss franc bond on Tuesday, making it the fourth largest corporate issuance in the currency this year.
  • Swissport, the air cargo handling company, has removed the US dollar tranche from its €1bn equivalent (Sfr1.145bn) debt package for its acquisition by HNA, a Chinese private equity firm.
  • HSBC France followed last week’s green trades with its own €500m five year deal on Wednesday, and more banks are lining up as the sought after format continues to offer tight pricing.
  • It may be late November, but equity capital markets are still busy with a stack of high profile deals, even now that last week's four Greek bank recapitalisations are out of the way. Abengoa's rights issue now looks unlikely to go ahead, as the company's woes have deepened.
  • Support from US fund managers helped Macedonia price a new sub-benchmark euro-denominated deal comfortably inside initial price thoughts on Tuesday despite rising geopolitical risk.
  • Allied Irish Banks will be going back to investors for more loss absorbing capital after mandating banks for a debut additional tier one issue, while the stellar performance of its recent tier two print reversed on Wednesday.
  • Abengoa may be nearing the end of the line. After umpteen upsets and false dawns since it shocked the market a year ago by making conflicting noises about whether its green bond was full recourse, Abengoa is now on the verge of bankruptcy.
  • Baosteel Hong Kong Investment Co priced Asia’s first H-share equity-linked offering since 2007 on Tuesday, selling a $500m exchangeable bond that bankers are hailing as a market opener.
  • European bond markets have shown remarkable resilience to international political tensions this week, but with the US market out on Thursday for Thanksgiving, the primary markets are expected to remain quiet.
  • Allied Irish Banks is set to price one of the juiciest European financial institution bond issues of the year, after mandating banks for a debut additional tier one capital deal, just days after pricing a €750m tier two.
  • Standard & Poor’s has sent Deutsche Bank’s subordinated debt tumbling in secondary with a surprise move to slap it with a sub-investment grade rating.