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 370,618 results that match your search.370,618 results

Sort by

CLOs

TALF revisions to clear warehouses but lack of broader CLO support disappoints

The Federal Reserve this week revised its Term Asset Backed Securities Loan Facility (TALF) to include a broader pool of leveraged loans eligible as collateral, a move that will clear the backup in warehouses but likely will not do much to reinvigorate the market.

Paola Aurisicchio, May 14, 2020
Emerging Markets

EM on bullish foot but will technicals last?

Emerging market bond issuance has been strong this week, with investors throwing huge order books at deals. But with the Covid-19 crisis still hanging over the market, few believe that the purple patch will last.

Ross Lancaster, May 14, 2020
Corporate Bonds

US corporate bond bankers wonder: where is the Fed?

US bond bankers want the US Federal Reserve to clarify its timetable to start buying investment grade corporate bonds, as investors are starting to show signs of fatigue after a torrent of high grade issuance.

David Rothnie, May 14, 2020
People News

UniCredit’s former syndicate boss moves to boutique

Tim Hoffmeister has taken up senior positions in an M&A advisory firm and a management consultancy in Germany.

Silas Brown, May 14, 2020
EM People and Markets

Poor countries face uncertainty over private debt suspension

Private creditors are working on ways to take part in the agreement to offer debt relief to the world’s 73 poorest countries granted under a deal negotiated by the Group of 20 countries.

Phil Thornton, May 14, 2020
Syndicated Loans

Banks credit EMEA loan dominance to quick feet

Some of Europe’s largest banks have taken large chunks of syndicated loan market share in EMEA this year, as the pandemic has prompted some institutions to flex their muscles and others to retreat.

Silas Brown, May 14, 2020
Bank Results

Frantic few months at loss-making Commerzbank

It was a busy first quarter at Commerzbank’s corporate clients division, as companies rushed to secure liquidity and access Germany’s support programmes. But that division and the group as a whole made a loss in the quarter, results released on Wednesday showed, as cost of risk rose and valuations of derivative positions fell.

Jasper Cox, May 14, 2020
High grade and crossover bonds

IG buyers demand bigger risk premia as Harley tests boundary

Europe’s high-grade corporate bond market this week proved that even the sectors hit the hardest by the pandemic can access funding. But investors are demanding compensation for the extra risk, and that premium is only expected to grow as motorcycle firm Harley-Davidson discovered when it tested the new wides, writes Mike Turner.

Mike Turner, May 14, 2020
Leader

AT1s: a mollycoddled market

Banks should be brave enough to take decisions that upset their additional tier one (AT1) investors.

Tyler Davies, May 14, 2020
Sovereigns

UK DMO smashes Gilt records thanks to BoE backing

The UK Debt Management Office launched its first bond syndication of the new financial year on Tuesday, smashing all previous records for deal and order book size and making a healthy start on its largest ever borrowing programme in response to the coronavirus pandemic. Despite the huge size, the deal caused “barely a ripple”, thanks to the support of the Bank of England’s asset purchase facility.

Lewis McLellan, May 14, 2020
ABS

Covid economy boosts outlook for subprime auto, investors say

As the near term outlook for economic reopening remains uncertain, players in the market are expecting a rise in the demand for cars, as delivery services become more heavily relied upon and as a result of hesitation around public transportation that could persist long after the pandemic subsides. In the Covid economy, investors say that supportive fundamentals and well protected ABS structures are making subprime auto bonds an attractive buy.

Jennifer Kang, May 14, 2020
SSA Bond Comments

Cades USD3bn 0.375% May 23

Rating: A2/—/AA

Burhan Khadbai, May 14, 2020

...

2847

2848

2849

2850

2851

...

30884