Pre-migration untagged articles

The asset backed commercial paper (ABCP) sector proved to be the shining light in what was otherwise a quiet ECP market this week.

Just two mandates were made public in the European financial institutions bond market this week and bankers are starting to worry that September might not turn out to yield the usual rush of post-summer deals.

The European bond market this week showed renewed signs of life with fresh mandates being awarded after two months of little activity.

The European bond market this week showed renewed signs of life with fresh mandates being awarded after two months of little activity.

Ford Motor Co finally lost its tenuous grasp on an investment grade rating this week when Moody's followed Standard & Poor's and downgraded the car company, along with General Motors, to junk status.

Hamburger chain McDonald's is to take out a Eu3bn syndicated loan that it will use to repatriate foreign profits to the US.

Hamburger chain McDonald's is to take out a Eu3bn syndicated loan that it will use to repatriate foreign profits to the US.

You can tell that it is August in the publishing and media industries. Many of the best writers are away and the journalists who remain sometimes struggle to find stories.

Would you believe that we have received a very swanky invitation to a dinner party in Chelsea, to celebrate the departure of Philip Purcell from Morgan Stanley? "You are to come even if you are still on your crutches", warned our formidable hostess, whose high-rolling husband once worked at Morgan Stanley.

Dollar swap spreads narrowed slightly this week alongside lower Treasury yields. By yesterday afternoon in New York, the two year was at 38bp, the five year was 43.5bp, the 10 year was 44.5bp and the 30 year was 45.25bp.

HDFC Bank launched India's largest ever convertible bond yesterday (Thursday), with a $500m issue that is also the largest CB from Asia this year.

Merrill Lynch may have lost James Gorman, and if you listen to former Merrill staffers, you may be told that Stan O'Neal has filleted so much of the firm's top management team that only the fish bones remain.