Pre-migration untagged articles

Equity capital markets bankers were reminded this week of the dangers of risk trades when a Eu1.5bn sale of shares in Dutch postal and courier company TNT appeared to go awry for Citigroup and UBS.

The EuroCP market this week was described by one dealer as "subdued" as dealers prepared themselves to place paper during the first few weeks of December.

South African securitisation crossed continents this week as Wesbank, owned by FirstRand Bank, priced the country's first euro-denominated securitisation, a Eu212m deal backed by domestic auto loans.

The Thanksgiving holiday yesterday (Thursday) kept US bond issuance quiet this week, but the supranational, sovereign and agency sector celebrated three very successful deals.

We know it's bonus season coming up, guys, but we reckon it's best to get the money in your pocket first before you start coming over all bling.

European indices traded in a very tight range in a week of low liquidity. The week was truncated by the Thanksgiving holiday in the US, and many traders are predicting a quiet pre-Christmas period in the credit default swap market now that the great constant proportion debt obligation scare has dissipated.

Deutsche Kreditbank issued its first jumbo Pfandbrief this week, a Eu1bn five year public sector loan backed issue led by Commerzbank, Deutsche Bank and Bayerische Landesbank.

Norwegian pharmaceutical company Nycomed was forced to introduce a second lien tranche on its Eu5.7bn leveraged loan yesterday (Thursday) after the senior part of the facility failed to attract enough bank investors.

Norwegian pharmaceutical company Nycomed was forced to introduce a second lien tranche on its Eu5.7bn leveraged loan yesterday (Thursday) after the senior part of the facility failed to attract enough bank investors.

Moody's held a conference this week to give its first public explanation of its CPDO rating metholodogy, and the most talked-about point was its treatment of the roll date.