News content
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Citigroup sold a 4.17% stake in Abengoa’s class ‘B’ shares in an accelerated bookbuild on Thursday night, for €97.6m. -
German Startups Group, the Berlin-based venture capital firm, had been due to finish bookbuilding its IPO on Thursday, but instead extended the sale until Tuesday 21 July.
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Greece may have passed a big hurdle on the way to arranging a further bail-out package this week calming markets along the way, but borrowers that relax over the summer could well find themselves regretting not having taken immediate advantage of the better conditions.
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German Startups Group had been due to finish bookbuilding its IPO on Thursday, but instead extended the sale until Tuesday 21 July.
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After the recent spike on Grexit fears and a crash for Chinese equities, implied volatility levels for US stocks have fallen back to earth with stunning speed, say traders.
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Stahl, the Dutch provider of chemicals for leather processing, has launched €585m of leveraged loans to refinance debt and pay a dividend.
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Time is up for the covered bond lemmings. They’ve had it too easy for too long. Gone are the days of pricing a covered bond exactly where your neighbour wished they had printed theirs. Issuers need to be nimble and bankers insightful.
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The vast majority of commercial banks in the eurozone are missing targets of 10% return on equity, well behind their US rivals, as they confront regulation driving them to be more domestically focused.
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International financial new issue supply returned to the Swiss market this week after a lull of more than a month, as ABN Amro and National Australia Bank priced new seven year bonds.
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The FIG market was blown open by Greece’s approval of reforms this week, but some bankers are concerned it may have come too late for the bank capital market.
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US and Yankee banks took home more than $15bn this week as they raced to wrap up funding plans amid improving market conditions.
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Aéroports de Paris reopened the corporate bond market on Wednesday after two weeks’ silence, using an attractive new issue premium to amass a hefty order book for a €500m deal.
