News content
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A near tripling of Volkswagen credit spreads on Monday and Tuesday this week, along with a sharp widening of other names in the European autos sector, is a kneejerk reaction that is likely to be corrected soon, according to some traders and strategists.
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If you thought worrying about environmental and governance risks were for woolly liberals, you don’t any more. But how can you avoid sinners when the wolves hide in sheep’s clothing?
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The capital markets beating for Volkswagen worsened today, as the German car manufacturer’s bonds widened again in secondary markets.
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Several prospective issuers entered the IPO market this week as they look to go public after a quiet summer and an uncertain period of volatility surrounding the state of China’s stock market and the US Federal Reserve’s interest rate decision.
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The holding company of French motorway operator Société des Autoroutes du Nord-Est de la France, Holding d’Infrastructures de Transport, printed a €200m tap on Tuesday as the primary market remained quiet.
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A German agency is set to bring the second dollar benchmark from an SSA this week — quadrupling the number of such deals in September so far.
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The UK Debt Management Office was this week able to print an increase of its 2068 linker at the tight end of guidance.
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The European Central Bank's covered bond purchase programme is once again regularly taking half or more of primary issuance, with negative repercussions. It should step back.
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Spain’s sold short term debt at the lower end of its size target on Tuesday, just a few days before a crucial regional election in the country.
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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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Vallourec, the French tubular solutions company, has signed a €400m four year revolving credit facility to replace bilateral loans of the same amount.
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The Republic of Ghana has picked banks for a dollar benchmark deal that is likely to come with a partial guarantee from the World Bank’s International Development Association (IDA).