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 370,706 results that match your search.370,706 results

Sort by

Sovereigns

Slovakia rules out sovereign green bond

Sovereign green bonds are becoming almost commonplace in Europe, but not all are convinced. Slovakia has no intention to enter the market, saying it is a costly exercise that “would not help anyone”.

Lewis McLellan, September 16, 2020
CLOs

Investcorp taps Moffitt as co-head of US credit

Investcorp has hired David Moffitt, former head of CLOs at hedge fund LibreMax, as co-head of its US credit management business.

Paola Aurisicchio, September 16, 2020
High grade and crossover bonds

VW leaves emissions scandal behind it with negative green print

Volkswagen, the German car company, became the latest to get the bond market’s motor going on Wednesday, when it brought a dual tranche green trade that was priced well inside fair value.

Mike Turner, September 16, 2020
Equity IPOs

Investors launch first London Spac of 2020 amid US craze

Sir Martin Franklin, one of the founders of Jarden Corp, is seeking to list a new special purpose acquisition company on the London Stock Exchange, with a target deal size of $750m.

Aidan Gregory, September 16, 2020
SRI

Has IFFIm blazed a trail for others?

Cyrus Ardalan, chair of the board of directors at the International Finance Facility for Immunisation (IFFIm), discussed whether others could follow his organisation's model to finance solutions to social challenges at the GlobalCapital Sustainable and Responsible Capital Markets Virtual Forum 2020 on Wednesday.

Jasper Cox, September 16, 2020
Sovereigns

New Zealand cuts borrowing programme by NZ$10bn

The New Zealand Treasury reduced its 2020/21 funding programme by NZ$10bn ($6.75bn) to NZ$50bn on Wednesday as its economy shows signs of a quicker recovery than seemed likely after the coronavirus lockdown earlier this year.

Frank Jackman, September 16, 2020
Securitization People and Markets

FCA hails success of UK Sonia transition

The UK should be seen as the “poster child” of the transition from inter-bank offered rates (Ibors) to risk-free rates, said a spokesperson from the Financial Conduct Authority, speaking at Global ABS 2020 on Wednesday, who urged the ABS market to turn towards solving the problem of legacy issuance.

Tom Brown, September 16, 2020
Covered Bonds

CCDJ and CFF mandate leads for covered bonds

Fédération des Caisses Desjardins du Québec (CCDJ) mandated leads on Wednesday for a five year and Compagnie de Financement Foncier (CFF) mandated leads for a 10 year deal, to take advantage of exceptionally strong market conditions with both deals likely to be launched on Thursday.

Bill Thornhill, September 16, 2020
SSA

EU recovery funding will be 30% green

Ursula von der Leyen, the president of the European Commission, said on Wednesday that 30% of the funding for the €750bn NextGenerationEU budget will come from issuing green bonds.

Lewis McLellan, September 16, 2020
RMBS

Pimco takes benchmark Warwick private in new RMBS

Pimco has done another private pre-placed RMBS under the Avon Finance brand, with Citi acting as risk retainer and sponsor. The deal refinances Warwick Finance One, one of the largest UK non-conforming deals ever done and whose senior notes formed a de-facto market benchmark for the asset class.

Owen Sanderson, September 16, 2020
SRI

Covid-19 highlights the S in ESG

The outbreak of Covid-19 has done nothing to set back the case for ESG investing. In fact it has boosted the hitherto less developed corners of the market, said panellists at the GlobalCapital Sustainable and Responsible Investment Capital Markets Virtual Forum 2020 on Tuesday.

Ross Lancaster, September 16, 2020
Covered Bonds

Covered bond issuers reprice secondary curves

A trio of covered bonds from NN Bank, Bawag and Eika Boligkreditt that were issued on Wednesday, were all exceptionally well subscribed, though the Norwegian deal stood out as it was priced considerably through fair value. The transactions suggest secondary spreads are less representative of fair value and send a strong signal to non-Eurozone issuers with illiquid curves.

Bill Thornhill, September 16, 2020

...

2577

2578

2579

2580

2581

...

30892