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 371,627 results that match your search.371,627 results

Sort by

Southpaw

Citi flashes European credentials in Covid-19 crisis

Citigroup is determined to emerge as a winner from the Covid-19 crisis and conquer the summit of global investment banking, in the face of any pull to concentrate more on home markets, writes David Rothnie.

David Rothnie, May 06, 2020
ABBs-Block Trades

Hiscox wins strong shareholder support for capital raise

Hiscox, the London-listed insurance and reinsurance company, has raised £375m through a sale of 57.6m new shares. Sources said that a strong showing by the management team persuaded them to back the share offering during challenging times for the company as it faces the impact of the coronavirus pandemic.

Sam Kerr, May 06, 2020
Senior Debt

SBAB makes 30bp spread move on euro green debut

SBAB Bank found plenty of room to tighten the pricing on a new preferred senior deal in euros on Wednesday, after investors welcomed the trade’s green credentials.

Tyler Davies, May 06, 2020
LevFin High Yield Bonds

Nokia pays to push maturities as it aims for eventual IG return

Nokia has launched a €1bn dual-tranche issue and a tender offer for a bond maturing next year, sucking up a higher funding cost to push out its term structure. Leads started wide but cranked the bonds in, with a 60bp move from initial price thoughts (IPTs) on the back of nearly €6bn of demand. Despite the swathe of downgrades hitting crossover issuers since the coronavirus crisis broke, the Finnish tech company is still planning to regain its investment-grade status in the next years.

Owen Sanderson, May 06, 2020
Private debt

PP investors hope NAIC will be cautious over downgrades

US insurance companies that buy private placements are concerned the damaging effects of coronavirus on corporate earnings may prompt a flood of credit downgrades by the National Association of Insurance Commissioners (NAIC), the regulatory body which imposes upon them risk-based capital charges.

Silas Brown, May 06, 2020
High grade and crossover bonds

IG companies pour into market as floodgates open

High grade bond investors had a plethora of trades to pick from on Wednesday, as corporate bankers say May is shaping up to be a breakneck month for issuance.

Mike Turner, May 06, 2020
Covered Bonds

Crisis Talk — with Santander UK's Martin McKinney

Martin McKinney, senior manager of medium-term funding at Santander UK, speaks to GlobalCapital about the impact the UK’s lockdown on the bank’s balance sheet, central bank liquidity, and the bank’s changing mix of regulatory and pure funding.

Bill Thornhill, May 06, 2020
Asia

Melco Resorts raises HK$14.85bn for refi

Melco Resorts & Entertainment has closed a HK$14.85bn ($1.9bn) revolving credit facility to refinance an old borrowing maturing this June.

Pan Yue, May 06, 2020
Asia

More profits, more ECM deals in 2019 for SSE companies

Most companies listed on the mainboard of Shanghai Stock Exchange (SSE) saw a rise in their 2019 revenues and profits. They also increased their capital raising activity.

Addison Gong, May 06, 2020
Asia

Kingsoft Cloud runs rapid roadshow for $450m US IPO

Kingsoft Cloud Holdings is on the road with its up to $450m Nasdaq IPO. Thanks to strong pre-launch demand, it is running a quick three-day bookbuild, according to a source close to the deal.

Jonathan Breen, May 06, 2020
Asia

Double duty: Hutch returns for $1.5bn dual-tranche

Hong-Kong based conglomerate CK Hutchison Holdings hit the international bond market with a dual-tranche deal on Tuesday, finding a window to raise $1.5bn.

Alice Huang, May 06, 2020
Asia

Peijia Medical to close HK$2.3bn IPO early

Peijia Medical is set to close bookbuilding for its HK$2.34bn ($302m) listing early after institutional investor orders flooded the deal.

Jonathan Breen, May 06, 2020

...

2954

2955

2956

2957

2958

...

30968