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

Equity-Linked

ArcelorMittal clings onto IG rating with $2bn recap

Steel maker ArcelorMittal has raised over $2bn through a sale of new shares and mandatory convertible bonds after posting a $1bn loss in the first quarter because of the Covid-19 global pandemic, which has caused demand for steel to plunge.

Aidan Gregory, May 12, 2020
SSA

SSAs delight in dollars as pipeline builds

Public sector borrowers found plenty of demand as they hit the market with dollar deals across the curve on Tuesday. With robust demand and a favourable basis swap for euro funders, more issuers have lined up deals in the currency to follow.

Burhan Khadbai, May 12, 2020
Covered Bonds

Crisis Talk — with the EMF-ECBC's Luca Bertalot

Luca Bertalot, secretary-general of the European Mortgage Federation-European Covered Bond Council (EMF-ECBC), speaks to GlobalCapital about the covered bond market living up to its reputation, the ECBC’s Covid-19 task force and monitoring report, transparency enhancements, the scope for a revival of the public sector market, and how green European Secured Notes (ESNs) and covered bonds secured on energy efficient mortgages could be flagships in Europe’s economic recovery.

Bill Thornhill, May 12, 2020
CLOs

Fair Oaks introduces delayed draw into euro CLO

Fair Oaks Capital is bringing its second euro CLO to market via JP Morgan, only the fifth deal issued since the Covid-19-induced lockdowns, bringing with it a delayed draw double-B tranche — an option to let the equity boost deal leverage once market conditions improve.

Tom Brown, May 12, 2020
ABBs-Block Trades

€71.6m of Delivery Hero shares sold after stock options exercised

A block of 840,000 Delivery Hero shares was placed with investors on Monday night after a number of employees exercised stock options in the German food delivery company.

Sam Kerr, May 12, 2020
Investment Grade Loans

Kingfisher builds nest egg with two new loans

Kingfisher, the UK home improvement retailer, has signed short term crisis loans in sterling and euro that will sit alongside the company’s already drawn revolving credit facilities, bringing its access to liquidity up to £2bn.

Mike Turner, May 12, 2020
Equity-Linked

Safran offers new €800m convertible bond

Safran, the French aerospace and defence company, has joined the long list of companies that have tapped the equity-linked market for funding during the Covid-19 global pandemic, by placing a new €800m convertible bond on Tuesday.

Aidan Gregory, May 12, 2020
Regulatory Capital

Iccrea to call a pair of sub bonds

Iccrea Banca said on Tuesday that it had obtained the necessary regulatory approval to call two of its outstanding subordinated bonds, amid debate about the economic merits of leaving capital instruments outstanding.

David Freitas, May 12, 2020
Asia

Zhongsheng launches HK$3.9bn CB buyback

Zhongsheng Group Holdings is issuing a HK$3.88bn ($500m) zero-coupon convertible bond to fund the repurchase of an outstanding CB.

Jonathan Breen, May 12, 2020
Sovereigns

UK pulls off extraordinary 10 year Gilt as it embarks on record borrowing

The UK Debt Management Office launched its first syndication of the new financial year on Tuesday, smashing all previous records for deal and order book size and making a healthy start on the sovereign’s largest ever borrowing programme in response to the coronavirus pandemic.

Lewis McLellan, May 12, 2020
Emerging Markets

Turkey’s hair raising drive for growth leaves investors on sidelines

Turkey has stood out among emerging market countries for its rapid-fire approach to monetary policy, as it attempts to turbo-charge growth amid the coronavirus pandemic. But with sustained downward pressure on the lira, few foreign investors are willing to buy in. The crisis is also causing a hedging conundrum.

Ross Lancaster, May 12, 2020
SSA

SSA secondary pricing update: World Bank 10 year tighter but Germany marginally widens

Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of business on Monday, May 11. The source for secondary trading levels is ICE Data Services.

Burhan Khadbai, May 12, 2020

...

2856

2857

2858

2859

2860

...

30884