News content
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Liberty Global’s subsidiary UPC Broadband Holding BV on Wednesday priced a €1.1bn dual currency senior secured offer, which some high yield bankers saw as confirmation of a stable, busy pipeline.
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Rising volatilities in the dollar and the euro are driving demand for rate-linked notes and structured products in Asian markets as interest rates remain low, according to panellists at the Structured Products America 2015 conference in New York.
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The Association for Financial Markets in Europe has appointed a new chair to lead the board of its equity capital markets division.
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Talgo, the Spanish train manufacturer, looks set to finally launch its Madrid IPO, four years after first floating the idea.
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Progress on global derivatives reform is at a critical juncture. The goal of enhanced transparency, identified by the G20 following the 2008 crisis as crucial to the supervision of the financial system, remains only partly addressed because of a number of practical and legal barriers that limit data sharing across jurisdictions. As a result, the cross-border identification of systemic risk remains challenging for macroprudential authorities.
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Cassa Depositi e Prestiti tightened pricing on a bond by 10bp-15bp on Tuesday — but bankers on and off the deal said such a wide move was necessary given the market environment.
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Canada has announced a foreign currency funding requirement of around $9bn for its 2015-2016 financial year, which begins on Wednesday.
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The UK Debt Management Office unveiled on Tuesday its choice of tenor and timing for its next syndicated Gilt.
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Rentenbank has opened books on a six year Kangaroo bond — the first from a sovereign, supranational or agency in the format.
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ArcelorMittal is in the market with a $6bn revolving credit facility, according to bankers involved in the deal.
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The bank meeting to arrange financing for ChemChina’s acquisition of Pirelli will be held in Milan on Wednesday, according to a banker on the deal.
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France's Veolia Environnement has issued a 12.8 year bond as part of a liability management exercise.