GC Search

Search results for

Tip: Use operators exact match "", AND, OR to customise your search. You can use them separately or you can combine them to find specific content.

There are 371,608 results that match your search.371,608 results

Sort by

Supras and agencies

IADB scores as World Bank tests Sofr waters

Three SSA borrowers hit the dollar market on Tuesday. The Inter-American Development Bank raised $4bn with a five year while Kommunalbanken tested the waters at 10 years. The World Bank joined them with a small but impressive bond linked to Sofr.

Lewis McLellan, June 09, 2020
Sovereigns

Germany aims for at least €3bn-€4bn with syndicated tap

After three eurozone sovereigns hit the primary market on Tuesday, more supply will follow on Wednesday with Germany setting its sights on its second syndicated transaction after returning to the format in May, helping it deal with a much bigger funding programme in response to the coronavirus pandemic.

Burhan Khadbai, June 09, 2020
RMBS

Morgan Stanley to reopen UK RMBS with Axis BTL book

Morgan Stanley is set to reopen the UK RMBS market with a buy-to-let portfolio it bought from India’s Axis Bank, which is winding up its UK business in the wake of the Brexit vote.

Tom Brown, June 09, 2020
Private debt

US arm of PwC joins Deloitte, KPMG in piling into private debt

Three of the Big Four accounting firms have looked to raise debt privately over the past few months, according to market sources, as PwC joins the US entities of KPMG and Deloitte in entering the US private placement market.

Silas Brown, June 09, 2020
Sovereigns

Eurozone sovereigns gather over €160bn in orders

There were no issues of competing supply on Tuesday as three eurozone sovereigns amassed big order books, buoyed by last week’s expansion of the Pandemic Emergency Purchase Programme (Pepp).

Burhan Khadbai, June 09, 2020
GC View

Printing ESG frameworks after the bonds is too risky

Sustainability bond bankers are batting around the idea of subverting usual practice by letting issuers price themed deals and then follow up with their green or social bond framework document after issuance. The idea is to hasten market access for issuers battling the effects of the coronavirus. But it could weaken sustainability standards.

Mike Turner, June 09, 2020
SRI

Sustainability-Linked Bond Principles open way to deals

The Green Bond Principles organisation has released a set of principles for sustainability-linked bonds, the product invented and so far only used by Enel, in anticipation of an expected growing market. It has also revised the Social Bond Principles, taking account of lessons learned during the coronavirus crisis. But on transition bonds it has merely produced an unpublished update.

Jon Hay, June 09, 2020
High grade and crossover bonds

Northern Powergrid answers investor call for duration

Northern Powergrid, the UK energy distribution company, brought the longest sterling deal of the year so far with a 42 year trade on Tuesday, as syndicate bankers say that European investors are keen to see more long duration trades.

Mike Turner, June 09, 2020
Equity IPOs

Largest German IPO of 2020 takes to the virtual road

PharmaSGP, the manufacturer of natural, non-chemical over-the-counter drugs, is on the road, in a virtual sense, with a an IPO that could reach €328.4m, which would make it the largest so far in Germany this year.

Sam Kerr, June 09, 2020
LevFin CLOs

Rallying loan market pushes CLO managers to print

Despite warehouse lines that have time to run, the rally in leveraged loan markets is forcing CLO managers and equity holders to push ahead with deals, in case they are left buying assets at prices close to par with vehicles far more expensive than before the coronavirus hit.

Owen Sanderson, June 09, 2020
Investment Grade Loans

Companies broaden framework scope for access to ESG syndicated loans

The sustainability-linked loan market is drawing corporates away from the equivalent in bonds, with more companies looking to create environmental borrowing frameworks that are broad enough to allow them to print many types of debt under one document.

Mike Turner, June 09, 2020
SSA

SSA secondary pricing update: Italy trades tighter after PEPP boost

Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of business on Monday, June 8. The source for secondary trading levels is ICE Data Services.

Burhan Khadbai, June 09, 2020

...

2875

2876

2877

2878

2879

...

30967