News content
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Euro benchmarks from the Gulf are rare but this is the right time for that to change.
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One institutional investor sold a large volume of puts on the iShares iBoxx $ High Yield Corporate Bond exchange-traded fund (HYG) Monday on the back of rising implied volatilities caused by prospective Federal Reserve rate hikes.
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Auto Trader today opened the book on its London listing, as the firm’s private equity seller Apax aims to raise up to £1.25bn from the offering.
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DFS Furniture had its first day of trading on the London Stock Exchange today, after pricing its £206m IPO, multiple times covered, on Friday.
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Glencore, the Anglo-Swiss mining and commodities trading company, priced a €1.25bn six year and a €750m 10 year bond on Monday.
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Aldermore, the UK challenger bank, was today due to close the book on its London IPO, having told investors orders under £1.92 a share risked missing out.
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Luke Moranda, ex-managing director for clearing technology and global payments technology, Treasury services technology at JPMorgan Chase, has joined the Options Clearing Corporation as senior vice president and chief information officer.
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Alpha Trains, the Luxembourg-headquartered European rolling stock leasing company spun out of Angel Trains, has mandated banks for a debut bond issue.
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Kinder Morgan, the US oil and gas pipelines company, sold €1.25bn of bonds on Monday in its inaugural euro deal.
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Giles Triffitt, the ex-head of operational risk at KPMG based in Edinburgh, has been hired as chief risk officer at Tullett Prebon based in London in a newly created role.
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The Bank of England built an oversubscribed book on Monday for its traditional annual visit to the dollar market, as other issuers prepared deals.
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The international bond market is full of colourful appellations, from Bulldog bonds to Samurais, Dim Sum to Maples – surely the market for US issuers' euro bonds deserves better than the title “reverse Yankee”?