News content
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The block trade business has been hugely important to equity capital markets businesses so far in 2015, and at this stage UBS and Goldman Sachs are leading the race. But Bank of America Merrill Lynch has made a hefty effort to catch up.
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A Dutch agency has mandated for a seven year dollar benchmark, following a deal from Inter-American Development Bank in the same tenor that drew strong demand.
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Transport for London has hired banks to run a roadshow for what will be a debut green bond for the issuer.
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Royal Dutch Shell has obtained £3.025bn of bridge debt from Bank of America Merrill Lynch for its acquisition of BG Group, and is expected to syndicate a larger loan, according to senior bankers.
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Moody's and Fitch on Monday gave Towergate Insurance new ratings of B3/B-, after it completed its 60% debt write-off and recapitalisation.
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Greece looks set to raise enough cash to cover a €1.4bn bill redemption next week, after its first steady auction performance in five months on Wednesday.
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The spark of life was seen in the senior unsecured market on Wednesday, with Credit Suisse’s senior unsecured bond, issued from its holding company, quickly achieving blowout status during the bookbuilding process.
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United Mexican States is out with the first ever euro denominated century sovereign bond as it looks to complete its 100 year bond hat-trick.
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DTEK Energy Group, the largest privately-owned energy company in Ukraine, has amended the terms of its exchange offer for its $200m Eurobonds due April 28, 2015
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Malakoff has signed up 11 domestic cornerstone investors for almost three quarters of its MR2.74bn ($744.16m) IPO, in a vote of confidence for the largest listing to emerge from Malaysia since 2013.
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DCM bankers covering Colombian energy company EEB said they expect competition for the mandate to manage the company’s next bond will heat up after the issuer detailed its liability management plans in a presentation filed with the local regulator.
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Pacific Basin Shipping has opened books for a $125m convertible bond, just days after the Asia ex-Japan region saw its very first international equity-linked deal of the year.