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 371,645 results that match your search.371,645 results

Sort by

Corporate Bonds

US firms break bond issue record for $135bn as jobless claims soar

US companies have smashed the all time record for bond issuance this month, as they plundered the dollar market in a headlong dash for liquidity that continued on Thursday, even though a darker record was broken: 3.3m new unemployment claims, more than four times the previous highest.

David Rothnie, March 26, 2020
Asia

A note from GlobalCapital's managing editor

Dear reader, These are extraordinary times for global capital markets as the world reels from the spread of Covid-19.

Toby Fildes, March 26, 2020
High grade and crossover bonds

Roaring reopening for corp bonds as players believe in salvation

As the dust settles on a thunderous week in the European corporate bond market that saw enormous order books and fat new premiums squeezed to nothing in one case, investors and bankers united in joy that the market was not just open again, but bursting with vigour. Central banks and governments had saved the day, they argued. Only a few are worrying about another lurch downwards, though this is more than likely.

Jon Hay, March 26, 2020
LevFin Leveraged Loans

Wizard wheeze: leveraged investors worry about sponsor cash injections

Merlin Entertainments, one of last year’s biggest take-privates, has some investors worried about whether it will seek new financing to get it through the coronavirus lockdowns that have shuttered the theme park business’s main sites. Any new financing could weaken the security package for existing lenders and bondholders — though liquidity to get through the lockdowns is essential, writes Owen Sanderson.

Owen Sanderson, March 26, 2020
SSA

SSAs pull in €11.5bn across euro curve

The SSA market appears to be well and truly up and running, with four SSA borrowers hitting screens for new bonds in euros on Thursday, pulling in an impressive €11.5bn with deals from three to 30 years

Lewis McLellan, March 26, 2020
Equity-Linked

Zur Rose reopens European equity-linked bond market

Zur Rose, a Swiss online pharmacy group, revived the primary equity-linked bond market in Europe this week, issuing a debut Sfr175m five year convertible bond as demand for its services increases amid the Covid-19 crisis.

Aidan Gregory, March 26, 2020
SSA MTNs and CP

SSAs offer attractive levels in Swedish kronor

Pockets of stability in the Swedish market drove demand across the curve this week, allowing investors the chance to pick up a handful of well-known SSA names at highly attractive levels.

Frank Jackman, March 26, 2020
SSA

ECB limit removal cranks in spreads

The European Central Bank announced on Wednesday night that it would be removing the self-imposed limits on its holdings of sovereign debt for its €750bn pandemic emergency purchase programme. The news drove an impressive reduction in the spread to Bunds on government bonds from the eurozone periphery.

Lewis McLellan, March 26, 2020
Derivatives

ABN Amro suffers $200m loss as another strat bites the dust

Another derivatives strategy has fallen foul of volatile trading conditions, as ABN Amro on Thursday declared a $200m net loss as a result of the blow-out of a client’s positions.

Jasper Cox, March 26, 2020
People News

People moves in brief

Amine leaves Credit Suisse — CIFC picks new research head

Jasper Cox, March 26, 2020
Private debt

Schuldschein moves undercover as firms chase big buyers

The Schuldschein market’s official lines of bookbuilding have been all but shut during the Covid-19 crisis, but sources have told GlobalCapital that several companies have discreetly approached larger lenders for club or bilateral deals.

Silas Brown, March 26, 2020
Supras and agencies

IADB to follow AfDB with Covid-19 response bond

The Inter-American Development Bank on Thursday started marketing a five year sustainable development bond in Global format as it looks to become third SSA borrower to jump into the dollar market this week. But SSA issuers that fund in euros will unlikely be able to mirror join the party.

Burhan Khadbai, March 26, 2020

...

3040

3041

3042

3043

3044

...

30970