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 370,628 results that match your search.370,628 results

Sort by

EM LatAm

Belize seeks to delay debt payments until after election

The government of Belize will launch a consent solicitation in early July asking bondholders to agree to delay all interest payments due before February, it said on Wednesday. With a general election due in November, this would effectively leave the next government to decide whether further debt negotiations are required.

Oliver West, June 18, 2020
CLOs

Covid turmoil heightening CLO manager dispersion

The Covid-19 crisis continues to test the skills of CLO managers, said speakers at this week’s Leveraged Loan and CLO virtual conference hosted by IMN, with a wider dispersion being seen among managers able to quickly react to loan downgrades and surges in triple-C holdings and deal with failures of overcollateralisation (OC) tests.

Paola Aurisicchio, June 17, 2020
People News

Ex-Goldman Sachs MD joins Pretium

Alternative investment manager Pretium Partners has hired Charlie Himmelberg as senior managing director and head of macro research.

Jennifer Kang, June 17, 2020
CMBS

Thai corp injects £17.5m to shore up UK hotel CMBS

Thai conglomerate DTGO Corporation has injected £17.5m ($21.72m) of equity for its hotel-backed Magenta CMBS in exchange for default waivers, propping up the deal for the next six months until the Covid-19 pandemic hopefully subsides.

Tom Brown, June 17, 2020
People News

Moelis & Co hires Barclays’ Whelchel to lead private capital markets business

Angus Whelchel, former global head of private capital markets at Barclays, has been hired by US boutique advisory group Moelis & Co to head its private capital markets team.

Silas Brown, June 17, 2020
High grade and crossover bonds

Range of European IG corps meet with bumper bid

It was another scorching day in Europe’s high grade market on Wednesday following further central bank-created exuberance, as investors piled more than €55bn of orders into deals from across the spectrum of ratings and sectors.

Mike Turner, June 17, 2020
Regulation

Commerz sanctioned for poor money laundering controls

The Financial Conduct Authority has fined Commerzbank £38m for anti-money laundering failures. One lawyer said the supervisor would be looking for similar culprits.

Jasper Cox, June 17, 2020
SSA

EIB and Brandenburg hit sparse euro SSA market

The European Investment Bank and the State of Brandenburg have mandated banks to bring euro deals on Thursday, in what has been an extremely thin week for supply with issuers well funded and some weakness in secondaries.

Burhan Khadbai, June 17, 2020
High yield

Heathrow asks bondholders to switch to minimum cash covenant

Heathrow is asking its high yield creditors to waive covenants it expects to breach this year in a return for a new commitment to a minimum cash level, a boost to coupon payments and a cancellation of any dividends, as it grapples with an 81% dive in earnings.

Owen Sanderson, June 17, 2020
RMBS

Majority of Italian NPL securitizations underperforming

Non-performing loan (NPL) data for Q2 so far shows 57% of Italian NPL transactions are under-performing, Scope Ratings said in a report seen by GlobalCapital.

Tom Brown, June 17, 2020
Derivatives

SG promotes Agbo-Bloua

Société Générale has promoted Kokou Agbo-Bloua to global head of economics, cross-asset and quant research.

Ross Lancaster, June 17, 2020
Hybrid

BP’s hybrid bonanza opens pipeline for other oil majors

BP’s creation of a hybrid curve in euro and sterling on Wednesday garnered more than €20bn-equivalent of demand at guidance, which a banker off the deal said will “absolutely” catch the attention of other major oil companies without hybrid debt.

Mike Turner, June 17, 2020

...

2770

2771

2772

2773

2774

...

30885