News content
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MasterCard, the US credit card payments company, raised €1.65bn on Monday with its first euro bonds - and only its third bond issue ever.
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BMW has kept its bond issuance going apace in the past fortnight, since it returned to the market for the first time after the Volkswagen emissions cheating scandal.
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Banks have given another vote of confidence in commodity trading companies, as a 16-strong syndicate helped Trafigura close the refinancing of a $2bn loan at this facility's biggest ever size.
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OTE, the Hellenic Telecommunications Organisation, held an investor call on Tuesday November 24 for what could be the first Greek corporate bond issue in euros this year.
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Groupe Fnac, the French book, music and electronics retailer, has signed €865m of loans for its €615m acquisition of Darty, the London and Paris-listed French electricals retailer.
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Albaraka Turk Katilim Bankasi (Albaraka Turk) priced Turkey’s first Basel III compliant tier two sukuk deal in line with guidance on Monday.
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New Europe Property Investments (Nepi) successfully priced a euro-denominated debut deal more than a year after first approaching investors in Europe.
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Lloyds is set to exchange two old tier two instruments for new longer dated debt as it shifts towards holding company issuance in the wake of regulators' new emphasis on loss absorbing capital.
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Macedonia has emerged with a new five year euro-denominated bond offering a new issue premium of over 50bp at the initial guidance stage, according to two syndicate officials away from the note.
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Turkey shot down a Russian warplane on Tuesday morning near its border with Syria. The response to the attack in the bond market has been muted.
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The resolution of four small Italian banks has trimmed several basis points off the common equity tier one capital ratios of Intesa Sanpaolo, UBI Banca and UniCredit.
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Russian lender VTB is expanding its China offering to meet rising demand from Russian corporates and financial institutions for RMB trade and investment services. GlobalRMB spoke to Alexander Dmitriev, global head of financial institutions at VTB, to discuss the bank’s China strategy and the challenges it faces.