Pre-migration untagged articles

The European securitisation market showed off its remarkable power and depth once again this week when UK mortgage bank Northern Rock increased its £4bn residential mortgage backed security to £6bn without tarnishing an almost flawless execution.

The European securitisation market showed off its remarkable power and depth once again this week when UK mortgage bank Northern Rock increased its £4bn residential mortgage backed security to £6bn without tarnishing an almost flawless execution.

German luxury car maker Porsche became the latest European company to issue a hybrid capital this week, and the deal was hailed as a success after investors overcame their concerns about Porsche's unrated status.

Draft legislation circulated by the Bank of Italy could cripple Italy's embryonic covered bond market at birth, by imposing limits on how much of the new securities banks will be allowed to issue.

After lobbying from the banking industry, the Italian government has postponed implementing new market regulations drafted in response to Parmalat's

Draft legislation circulated by the Bank of Italy could cripple Italy's embryonic covered bond market at birth, by imposing limits on how much of the new securities banks will be allowed to issue.

Bond issuance by frequent borrowers cooled from its exuberant pace of last week, with just three deals — from the Republic of Italy, the Kingdom of Belgium and Bank Nederlandse Gemeenten — being brought to market.

Kuwait's Mobile Telecommunications Co (MTC) wants to raise a $5bn five year syndicated loan and is understood to have asked six banks for underwriting commitments of $850m by the end of January, EuroWeek has learned. MTC says it will use the $5bn revolving term loan to pay for further acquisitions.

Kuwait's Mobile Telecommun-ications Co (MTC) wants to raise a $5bn five year syndicated loan and is understood to have asked six banks for underwriting commitments of $850m by the end of January, EuroWeek has learned. MTC says it will use the $5bn revolving term loan to pay for further acquisitions.

After showcasing UBS's resident heart-throb, Stefan Boehm, in last week's column, we were expecting our inbox to be overflowing with messages from smitten admirers. Alas, Stefan, it wasn't to be.