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 372,842 results that match your search.372,842 results

Sort by

SSA

SSAs end summer early as funding risks mount

Public sector borrowers have wasted no time in returning to the capital markets this week, as borrowers look to protect themselves from a triple whammy of threats looming towards the end of the year — the arrival of the European Union as a giant issuer, a contentious US presidential election and a second wave of Covid-19 infections.

Burhan Khadbai, August 20, 2020
SRI

Biden win could unleash burst of progress in US sustainable finance

Hopes are rising that sustainable finance could blossom in the US if Joe Biden wins the presidency in November, replacing Donald Trump’s climate-sceptic administration with a new government, committed to the most ambitious set of environmental policies ever.

Jon Hay, August 20, 2020
High grade and crossover bonds

Diageo warned on credit metrics despite debt-free Aviation buy

Diageo, the UK distiller and brewer, has agreed to buy Aviation American Gin from Ryan Reynolds, the Deadpool actor. Despite the deal size being small by Diageo's standards and the company not taking on debt for the purchase, the buyer has had a warning shot across its bows over the impact on its credit quality.

Mike Turner, August 20, 2020
Senior Debt

Euro market to reopen on shaky ground in FIG

Bank finance arrangers will err on the side of caution when the euro market reopens next week, with many bankers wondering whether they can rely on squeezed secondary levels as a guide for new issue pricing.

Bill Thornhill, August 20, 2020
SSA MTNs and CP

Bank CP plummets but SSAs pick up slack

Bank issuance of commercial paper has fallen sharply in 2020, thanks to generous liquidity provisions from the ECB. But overall issuance has climbed slightly, mostly off the back of increased SSA activity.

Lewis McLellan, August 20, 2020
CLOs

CLO players eyeing another wave of downgrades in autumn

As the CLO market enters the end of the summer, managers are getting ready to restart activity after Labor Day. But they are concerned about a potential wave of negative actions from rating agencies.

Paola Aurisicchio, August 20, 2020
ABBs-Block Trades

Banks tee up new wave of primary ABOs as stocks hold

Despite a slowdown in the pace of new issuance this month, a strong appetite for share sales by European companies remains — particularly those from sectors benefitting from the pandemic, such as healthcare, technology and renewables.

Aidan Gregory, August 20, 2020
CLOs

Palmer Square launches debut static CLO in Europe

Palmer Square Capital Management has announced its debut CLO in Europe, mandating JP Morgan for a rare static CLO, a deal structure not commonly seen in Europe.

Tom Brown, August 20, 2020
Derivatives

Nasdaq vol futures offer new play on market moves

VOLQ futures, a contract based on the Nasdaq 100 volatility index, is set to be available in time for investors to hedge potential volatility as a result of the US presidential election. Tim McCourt, global head of equity index and alternative investments at CME Group — which is launching the product — said that investors could use VOLQ in conjunction with the VIX, run by rival CBOE Global Markets.

Jasper Cox, August 20, 2020
Supras and agencies

Kommuninvest eyes debut social bond to fund new sustainability loans

Kommuninvest is launching a pilot programme of sustainability loans. If there is enough demand, these will be funded through the institution's first social bond.

Burhan Khadbai, August 20, 2020
CLOs

New CLOs seeded as managers split old warehouses in two

US CLO managers are working through a backlog of warehouses opened before the Covid-19 pandemic by splitting the facilities in half to buy back some equity and issue new deals. While in Europe, managers are tweaking deal documentation in preparation for new transactions.

Paola Aurisicchio, August 20, 2020
Sub-sovereigns

UK MBA prints £250m of ultra-long cash for Lancashire

The UK Municipal Bonds Agency has enjoyed a successful sophomore effort in the bond market, printing £250m of 40 year paper for Lancashire County Council.

Lewis McLellan, August 20, 2020

...

2814

2815

2816

2817

2818

...

31070