News content
-
Unrated French issuer Bolloré sold its second ever euro deal on Wednesday, drawing a strong order book that bodes well for Eurofins Scientific, another unrated corporate that could tap the market as soon as Thursday.
-
Thames Water (Kemble) Finance Plc, the subordinated holding company vehicle of the Thames Water group, issued a £175m bullet bond on Tuesday, joining the dense flow of deals in a high yield market relieved of the eurozone’s recent tensions.
-
CVC Credit Partners has hired Chris Fowler, a former levfin originator at GE Capital, to give a boost to the firm’s private debt operations.
-
A European issuer is about to bring the first three year Maple bond in two years, after several moving parts moved into place to make the deal possible.
-
Portugal overshot its maximum target at a dual tranche auction on Thursday, and was also able to reduce its borrowing costs on the shorter of the two tenors on sale.
-
World Bank is enjoying a strong response to the first 10 year dollar benchmark from a public sector issuer since early June.
-
KfW is set to print a green bond in sterling for the first time, having mandated three banks to run a five year syndication.
-
Verallia, the French glass bottle maker, has accelerated the bookbuilding for its €1bn leveraged loan, as investors have gobbled up the acquisition debt, asking for big tickets.
-
European corporate and fund services provider Vistra allocated its $700m acquisition loan on Tuesday afternoon, having marketed the deal in one of levfin’s most volatile fortnights.
-
Italian gaming company Snai on Tuesday issued a €110m bond to support its acquisition of a domestic competitor, Cogemat.
-
The FIG market is in need of a core European champion to restore confidence after the less than stellar performance of the periphery on Wednesday, say bankers.
-
The Russian government has joined a growing group of sovereign CPI-linked bond issuers, and analysts expect the government to return for at least one more sale this year.