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 372,856 results that match your search.372,856 results

Sort by

Investment Grade Loans

SAS issues revolver as European states back airlines

Swedish airline SAS has signed a Sk3.3bn ($336m) revolving credit facility backed by the Swedish and Danish states, as state support for airlines gets approval across Europe.

Mike Turner, May 05, 2020
SSA

SSA secondary pricing update: Spain and Italy trade tighter after record demand

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 4. The source for secondary trading levels is ICE Data Services.

Burhan Khadbai, May 05, 2020
ABBs-Block Trades

Strong demand for LondonMetric Property capital raising

LondonMetric Property, the UK real estate development company, has completed a £120m ($149m) capital raising to fund the acquisition of new properties as part of its pivot into urban logistics.

Aidan Gregory, May 05, 2020
GC View

Blind equity investors must rely on relationships and guts in corona crisis

The economic devastation has made an absolute mockery of predicting corporate earnings and therefore, equity valuation. Companies have given up on providing forward guidance leaving equity investors in the strange position of having to pick stocks without the earnings estimates that they have come to depend upon. Undoubtedly, this makes their work harder but it will also mean they must add to their repertoire of techniques for analysing companies. Many will flounder but a few are bound to shine.

Sam Kerr, May 05, 2020
Senior Debt

Danske diversifies MREL funding mix with pref senior

Danske Bank was marketing a preferred senior bond on Tuesday, taking swift advantage of recent changes in Denmark that will allow banks to use these instruments to count towards their regulatory debt requirements.

David Freitas, May 05, 2020
Senior Debt

Pref senior deals find favour among euro area banks

Helaba and OP Corporate Bank each took a plunge into the preferred senior bond market on Tuesday, with spreads in the asset class having outperformed other bank funding products in recent weeks.

Tyler Davies, May 05, 2020
EM Middle East

QNB pulls in $3.5bn by guidance for third bond of 2020

Qatar National Bank issued its third bond of the year on Tuesday, pulling in $3.5bn of orders by the time it released guidance for a five year deal that affirmed the market access for the top tier names in emerging markets.

Ross Lancaster, May 05, 2020
Covered Bonds

HSBC takes Canadian covereds to three in dollars

HSBC Canada is set to become the third Canadian bank to issue a dollar covered bond this year, mandating leads for a three year transaction on Tuesday. Given a strong secondary market performance, HSBC Canada should be able to price its deal a lot tighter than its predecessors.

Bill Thornhill, May 05, 2020
Covered Bonds

Crisis Talk — VDP's Tolckmitt believes in strength of Pfandbrief bank liquidity

A strong and growing deposit base, an active private placement market and sizeable proportion of prefunding has put the Pfandbrief banks in a strong liquidity position, the chief executive officer of the Association of German Pfandbrief Banks (VDP), Jens Tolckmitt, told GlobalCapital in an interview on Tuesday covering a wide range of other topics such as real estate values, the mortgage lending value and Basel III’s output floor.

Bill Thornhill, May 05, 2020
SSA

German court fires warning shot at ECB QE programme

Germany's Federal Constitutional Court ruled on Tuesday that, while it was not illegal for the Bundesbank to participate in the the European Central Bank’s Public Sector Purchase Programme, the country's central bank may not participate in it unless the ECB can provide a thorough impact assessment. The decision rejected an earlier verdict by the Court of Justice of the European Union.

Jon Hay, May 05, 2020
Bank Results

BNPP trumpets DCM leadership but divi ban hits hard

BNP Paribas blamed European authorities’ restrictions on 2019 dividend payments for losing it €184m in its equities business, when it released its first quarter results on Tuesday. However, in debt capital markets and fixed income, currencies and commodities (FICC) it was a more positive picture, as the bank took advantage of a surge in debt origination and electronic trading.

Jasper Cox, May 05, 2020
Private debt

Robert Bosch breaks ice in Schuldschein market

Robert Bosch launched Schuldscheine with tenors varying between two and 20 years on Tuesday. The German car parts supplier is looking to raise at least €500m in a market all but shut since the coronavirus pandemic reached Europe. Participants hope this launch will prompt other borrowers to follow suit.

Silas Brown, May 05, 2020

...

3059

3060

3061

3062

3063

...

31071