News content
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The European Union has taken another bite out of its £5.2bn funding plan for September and October with an eight year effort.
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Coty, one of the world’s largest beauty companies and owner of brands including Calvin Klein and Marc Jacobs, is arranging a $1bn term loan 'B'.
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Research by JP Morgan, published last week, said that the widespread implementation of a statutory solution to Total Loss Absorbing Capacity (TLAC) requirements would lead to further underperformance in senior spreads, and a fundamental reassessment of the asset class’s risk profile.
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Pemex looks set to return to the Swiss franc market for the first time in three and a half years after announcing plans to meet investors in Switzerland next week.
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Abu Dhabi Commerical Bank — an A-rated CEEMEA stalwart — pulled a dollar bond mid-way through execution on Monday afternoon, leaving bankers and buyers questioning whether Middle East liquidity could be much weaker than they had thought.
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Banca Popolare di Vicenza this week hired leads for what could be the first periphery tier two bank deal in two months as institutions continue to line up capital trades in spite of high premiums and global market volatility.
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Rival debt bankers like to pounce on pulled deals like coyotes on wounded possums. But emerging market syndicate officials would do well to look beyond the opportunity for point scoring to what Abu Dhabi Commercial Bank’s abortive trade really indicates about Middle East liquidity.
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Volkswagen credit spreads more than tripled this week and other European automotive names moved sharply wider but some traders and strategists called it a knee-jerk reaction that is likely to be corrected soon.
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The European private placement market will grow faster than the syndicated loan market, according to up to 900 people polled at the Loan Market Association’s annual conference in London on Thursday.
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Commodity trade finance for Russian firms remains strong, despite sanctions and falling commodity prices, according to bankers at the Loan Market Association's annual conference on Thursday.
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Traders have welcomed IntercontinentalExchange’s plans to launch a cotton derivative contract aimed at solving problems faced by international producers and consumers.
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The Taiwan Stock Exchange (TWSE) has its hands full trying to invigorate a primary equity capital market that for years has been confined by the lack of a domestic deals pipeline. But in an interview with GlobalCapital Asia, senior executive vice-president, Lih-chung Chien, is confident the exchange will remain competitive. Rev Hui reports.