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 372,838 results that match your search.372,838 results

Sort by

Senior Debt

Metro Bank falls below MREL targets

Metro Bank said on Wednesday that it had slipped below its loss-absorbing capacity targets. But before it commits to issuing more senior debt, it is waiting for the Bank of England to complete a review of the minimum requirements for own funds and eligible liabilities (MREL).

Tyler Davies, October 21, 2020
Equity IPOs

Link Mobility trades up after $650m flotation

Link Mobility, the Norwegian provider of business to consumer messaging and mobile services, has begun trading on the Oslo Børs following the completion of its Nkr6bn ($650m) IPO.

Aidan Gregory, October 21, 2020
Regulatory Capital

BoE to ease MDA rules for UK banks

The Bank of England said this week that it would loosen some of the rules around the maximum distributable amount for UK banks after Brexit, making it harder for them to trigger restrictions on their additional tier one (AT1) coupons and equity dividends.

Tyler Davies, October 21, 2020
Investment Grade Loans

Michelin wheels in SLL as IG loan maturities diverge

Michelin, the French tyre maker, has signed a €2.5bn sustainability-linked revolving credit facility with a three year maturity, as loans bankers say the market has become more nuanced towards maturities since the onset of Covid-19 made many of them tighten terms.

Mike Turner, October 21, 2020
LevFin High Yield Bonds

Permira digs deep to recap Lowell as NPL expectations build

Permira and partners have injected £600m of equity into their debt collector portfolio company Lowell as part of a £2.2bn recapitalisation and refinancing effort for the troubled company, which saw its bonds heavily shorted and was widely expected to restructure its liabilities this year. The contribution is the largest equity injection from a sponsor in EMEA since the coronavirus pandemic began, and reflects what Lowell's management sees as a historic opportunity to buy NPL portfolios in the months ahead.

Owen Sanderson, October 21, 2020
Asia

ReNew Power uses tried and tested structure for $325m outing

ReNew Power, the Indian renewable energy giant, brought a $325m green bond to the market on Tuesday. It offered investors a rare opportunity to buy a high yielding deal from the country, despite using a fairly unusual structure for its transaction.

Morgan Davis, October 21, 2020
Asia

Hon Hai puts together $1.4bn bond return

Taiwanese electronics giant Hon Hai Precision Industry Co shook off trade war concerns to raise $1.4bn from the bond market on Tuesday.

Morgan Davis, October 21, 2020
Asia

Mapletree Trust goes for the top with S$650m placement

Singapore-listed Mapletree Logistics Trust has raised S$650m ($479.8m) in fresh equity after boosting the size of its placement.

Jonathan Breen, October 21, 2020
Asia

ADBC adds 10 year to dim sum curve

Agricultural Development Bank of China returned to the offshore renminbi market this week with a Rmb5.7bn ($854m) triple-tranche transaction that featured a rare 10 year tenor for dim sum bonds.

Addison Gong, October 21, 2020
Asia

China Everbright debuts in dollars

China Everbright, the Hong Kong asset manager, sold its maiden dollar bond on Tuesday.

Morgan Davis, October 21, 2020
Regulatory Capital

EBA looks to halt 'infection risk' on legacy capital

Much of European rule making in wider society has been about preventing infection spreading to the elderly of late. But the European Banking Authority has instead weighed in on the "infection risk" that stems from grandfathered securities.

Jasper Cox, October 21, 2020
Asia

Dongfeng Nissan returns to old structure for auto ABS

Dongfeng Nissan Auto Finance Co opted for a simpler structure for its return to China’s auto loan asset-backed securities market this week, pricing Rmb3.48bn ($521m) of senior notes on Tuesday.

Addison Gong, October 21, 2020

...

2670

2671

2672

2673

2674

...

31069