News content
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The Belgian City of Mechelen has hit the capital markets with a long dated medium term note, its first print in a year.
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Douglas Holding, the German perfumery chain, has enlivened the leveraged loan market this Monday, launching a €1bn deal that will contribute to its buyout by CVC.
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Mercuria Energy Trading, the Swiss commodities group, has found strong support for a $2.65bn loan refinancing, but has not yet decided whether to increase the facility.
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British Airways is refinancing $1.25bn of credit facilities in a deal that is separate from the €1.4bn loan its parent company, International Airlines Group, is using to buy Aer Lingus.
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Only one high yield bond was being roadshowed in Europe today, and it was in Swiss francs — but that does not mean volatility in euro rates has disrupted the market, bankers say.
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The impending meeting of Eurozone finance ministers this week, which is widely seen as the last chance for Greece to agree to a compromise on its debt deal, has brought the primary FIG market to a halt with both the buy and sell sides diving for safety.
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Saudi Arabia’s new stockmarket regime, under which qualified foreign investors can buy stocks listed on the Saudi Stock Exchange directly for the first time, began on Monday, June 15.
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Emerging markets dedicated funds were smacked by $9.2bn of outflows last week, with $800m of those outflows from emerging market bond funds, according to EPFR Global data.
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Barclays has raided its own investor relations team for a new syndicate banker, who will work across fixed income products.
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It’s a case of a high-profile issuer garnering support from equally eminent investors, as Legend Holdings, the conglomerate that owns Lenovo, launched its Hong Kong IPO that could raise as much as HK$17.5bn ($2.3bn).
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Notebook maker Inventec Corp has increased the size of its latest fundraising to $480m. Ten banks are helming the deal, which saw the borrower push back for, and get a better bargain.
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Ukraine’s Oschadbank has reached a reprofiling agreement with an ad hoc committee representing holders of its dollar Eurobonds.