News content
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The head of investor relations at Mexican state-owned oil giant Pemex is leaving the company after nearly four years in the position.
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GlobalCapital held its ninth annual Bond Dinner on Wednesday night at the Guildhall in the City of London. More than 280 market professionals attended the event, at which GlobalCapital presented its 2015 Bond Awards to the most impressive individuals and market teams on both the borrowing and investment banking sides of the market.
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Interest rate swap and credit default swap notionals are falling compared with last year, despite a rise in the number of trades executed, according to the latest data from the International Swap and Derivatives Association (ISDA).
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The European block trade market exploded into life on Tuesday evening with five deals executed, as opportunistic issuers tapped investors while this year's European Central Bank-fuelled stock market rally continues.
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América Móvil won very strong demand on Wednesday May 20 for a landmark exchangeable bond issue, into its holding in Koninklijke KPN, the Dutch telecoms company.
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The European Financial Stability Facility looks set to again walk alone in the euro benchmark market for SSAs, after sending out requests for proposals on Wednesday.
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General Electric became the latest US issuer to hit the euro bond market with a multi-tranche deal on Wednesday. The bond was issued by GE itself, not GE Capital.
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Whitbread, the UK hotel, pub and coffee shop operator, sold its first benchmark bond on Wednesday, drawing together a comfortably oversubscribed book for the 10 year issue.
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Harman International Industries, the US audio equipment manufacturer, made its euro bond debut on Wednesday, putting together a sub-benchmark deal that will be used in part to finance its acquisition of part of Bang & Olufsen.
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Eurofima is set to become the latest issuer to sell in dollars this week, with what will be its first deal in the currency since a $1bn three year in May 2010.
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Radiotelevisione Italiana (RAI), Italy's state broadcasting company, sold its debut bond issue on Tuesday, with a healthy spread over Italian government debt allowing it to gather a hefty book for a sub-benchmark print.
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KfW has more than doubled the original target for its debut Kauri bond, as investors flocked to the long awaited deal.