News content
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Poor market tone has kept banks away from the unsecured funding markets this week, but bankers are hopeful the new quarter will snap investors out of their risk aversion.
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Sandhar Technologies has filed a listing application with the Securities and Exchange Board of India, with ICICI Securities, IDFC Securities, IIFL Holdings and Jefferies leading the trade.
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CME Group, the world’s largest derivatives marketplace, has entered into a co-operation agreement with the China Foreign Exchange Trade System (CFETS), the top trading platform in the country for RMB products, CME said on September 25. Meanwhile, ParFX, a wholesale electronic trading platform, announced on September 23 it was adding the RMB to its currency trading platform.
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Commodities trader Trafigura has seen big success with its syndicated loan, bumping up its fundraising to $2.2bn from the launch size of $1.6bn.
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Brazilian meatpacker Marfrig wasted no time in putting the proceeds of its sale of UK subsidiary Moy Park to work, launching a tender offer for old dollar bonds the day after the deal was closed.
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Bank of China Paris branch, BNP Paribas, HSBC France and Natixis are to share euro/offshore RMB (CNH) exchange rate information, financial organisation Paris Europlace said in a September 24 press release.
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Natural gas storage and transportation service provider CIMC Enric Holdings has sealed a $150m loan, finding demand from a syndicate of 13 banks.
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Royal Ten Cate launched a €520m senior facility on Monday 28th September to be used in the takeover of the Dutch textiles group by Gilde.
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Investec's research note on Monday may have triggered the collapse of Glencore's share price, but one of the Investec analysts who authored the note told GlobalCapital on Tuesday that the market misread the report's contents.
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A German agency has drawn over €7.5bn of orders for a euro benchmark despite offering a negative yield — leaving bankers puzzled over why no other issuers are hitting screens in the currency.
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A supranational has mandated for a dual tranche dollar benchmark, amid signs that issuers are willing to pay up to get size. But Sweden took a different route, pricing a $1bn deal arguably through its curve.
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The unrated Finnish carrier Finnair Oyj, which is government majority owned, has begun a three day roadshow on Monday for new hybrid notes despite recent negative corporate events rattling bond markets.