Search results for

After two years in which Europe's premier economy has been embattled and dogged by the prospect of deflation, Germany is at last showing real signs of making a comeback. IPOs are back on the agenda and the convertible product is more popular than ever before. Syndicated loans volumes are rising, there is clear political support for asset backed issuance, confidence in the Pfandbrief sector is growing and, perhaps most importantly, there are definite signs that bank and corporate restructuring is gathering momentum.

The US bond market staged a spectacular turnaround from last week's auto-induced gloom, with issuers such as DaimlerChrysler and cigarette maker Altria coming to market with blow-out jumbo transactions.

The US bond market staged a spectacular turnaround from last week's auto-induced gloom, with issuers such as DaimlerChrysler and cigarette maker Altria coming to market with blow-out jumbo transactions.

Rating: Aaa/AAA/AAA

Concorde flew commercially for the last time on Friday, October 24 and a few days earlier, Sandy Weill presided over his final Citigroup earnings presentation. For once, Weill was totally eclipsed in terms of publicity, but we suspect that he wouldn't mind on this particular occasion.

Guarantor: Banco de Sabadell SA

The $500m loan for LUKoil has been launched into general syndication. It is oversubscribed and likely to be increased to $750m at the end of syndication.

Speculation has mounted this week about the likely performance of Seat Pagine Gialle in the secondary market. Some traders are convinced the paper will trade well outside fees, with talk focusing on a price of 97 when it becomes free to trade.

Amount: A$539m

Our top contact in Tokyo has just provided some insight into the extraordinary news that there is a man overboard at the mighty firm of Morgan Stanley in Tokyo.

The £963m 15 year project financing for Skynet 5, the UK Ministry of Defence's secure military communications satellite project, has been signed.

Syndication has closed for Investec's $180m dual tranche term loan. The deal was oversubscribed and increased from $120m. Mandated lead arrangers are BayernLB, Crédit Lyonnais, HSH Nordbank and the Royal Bank of Scotland.