News content

An Oxford college has become the first from the university and the seventh UK higher education institution overall this year to bring a private placement, with a £20m issuance.

Park Resorts, a caravan park operator, has cut the size of a term loan B by £20m to £530m and widened pricing from its original target range as investors expressed concerns about the company’s debt burden.

Wittur, the German elevator components supplier, has signed a €180m term loan B as an add-on to its existing term loan B facility.

Japan Post sets sail with IPOs — Datang Environment files in HK — Banpu Power eyes Thai float — Larsen & Toubro seeks $300m listing

The Islamic finance market is looking to welcome its first Chinese participant after Country Garden Holdings this week announced plans to issue a Murabahah sukuk. But the property developer’s currency of choice — the ringgit — suggests that plenty of work is needed for sukuk to gain traction in north Asia, writes Rev Hui.

The Chinese and Hong Kong equity capital markets are stirring back to life after the turmoil of the summer, with a pair of IPOs enjoying strong debuts this week. No one is calling a recovery yet, but bankers are keeping their fingers crossed that the fourth quarter will offer a good window to push through deals, writes John Loh.

Hrvatska Elektroprivreda (Hep) picked banks for a dollar bond and kicked off an exchange offer on its 2017 notes on Wednesday.

Trading in European corporate high yield bonds is already taking place on 10 electronic execution platforms, according to research published on Thursday by the International Capital Market Association.

Indian issuers have been a rarity in the bond market this year, with 15 international deals reaching investors. But market participants are predicting a busy fourth quarter, thanks to growing needs for infrastructure funding and new changes to rules governing offshore fundraising. Narae Kim reports.

A eurozone sovereign wrapped up its funding programme for the year by cutting borrowing costs at its first auction since moving within touching distance of fully single-A status.

Deutsche Pfandbriefbank was on track to print €500m of long two year debt after navigating the now familiar struggles of German senior debt issuance on Thursday morning.

Gazprom has ratcheted in price guidance for its euro denominated benchmark, as it looks to print the second Russian corporate bond this week after a drought that started in November 2014.