News content
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Beneath listless summertime stock market trading, options markets continue to signal increasing worry.
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Poseidon Containers, the Greek shipping company, has suspended its plan to list on the New York Stock Exchange, blaming unfavourable market conditions.
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The rapid growth of the green bond market has stalled in the year to date, a report suggests, but bankers are hopeful that new sources of supply could open up before 2016.
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Rumours surrounding mergers and acquisitions and an unsuccessful attempt to modify a coupon step-up clause failed to dampen investor demand for Intercontinental Hotels Group's bond issue on Friday.
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UK self-storage company Safestore has amended around £255m of loans, reducing margins by 75bp as part of the firm's push for balance sheet flexibility.
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Greek yields fell on Monday as fast as headlines appeared suggesting a deal could soon be reached on a third bail-out package for the country. But bankers are still wary of a last minute disaster.
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Korea EximBank is eyeing the midpoint of the maturity curve for a return to the Kangaroo bond market, as other public sector issuers tap the long end in the format.
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Shares in Abengoa, the Spanish renewable energy developer, jumped initially today after it won a €600m contract, but bondholders have not yet felt any relief from the distressed levels at which its notes are trading.
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ING Bank launched a dual tranche benchmark in dollars on Monday morning, as the currency continues to provide a funding outlet for European banks.
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Nigeria’s Skye Bank is looking for a one year loan led by Dubai's Mashreqbank, according to a loan banker.
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BNP Paribas is set to print its second additional tier one (AT1) trade just two months after its debut, after announcing plans for a dollar denominated sale on Monday.
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Russia’s Lukoil has signed a $440m syndicated loan with four commercial banks, as part of $1bn of loans backed by development banks.