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 370,701 results that match your search.370,701 results

Sort by

Senior Debt

Nationwide leads Yankee charge following Fed meeting

Nationwide Building Society and Mitsubishi UFJ Financial Group joined in a Yankee stampede to the dollar market on Thursday, as issuers exploited red-hot funding conditions while markets rallied on a dovish message from US Federal Reserve chairman Jerome Powell.

David Rothnie, July 11, 2019
Bank Strategy

Deutsche hopes to leave the sick bay after equities cull

Everyone had been expecting another strategy overhaul from Deutsche Bank, but no-one expected the depth of the cuts to be so brutal. The bank is to end much of its equities business and refocus on corporate banking, and shed nearly 20,000 jobs. But observers are wary about the bank’s ability to restructure without inflicting more pain than it has forecast.

Jasper Cox, July 11, 2019
Auto issuers preparing to bring over $4bn in new paper

At least six auto ABS sponsors are set to bring deals to market next week, kicking off a healthy flow of issuance for July, following a post-July 4 dry spell.

Jennifer Kang, July 11, 2019
FIG

Cembra Money Bank covers all the bases

Having successfully accessed the equity, convertible and AT1 market last week to finance its acquisition of Cashgate, Zurich-based Cembra Money Bank made it a full house on Monday when it added a senior unsecured trade to its summer funding spree.

GlobalCapital, July 11, 2019
EM Bond Comments

Tunisia EUR700m 6.375% Jul 26

Rating: B2/—/B+

Francesca Young, July 11, 2019
Covered Bonds

TD keeps active in euro and dollar covered bonds

Toronto-Dominion Bank (TD) took full advantage of strong market conditions this week to issue a $1.75bn three year dollar benchmark and a €1.25bn eight year. The two deals followed a recent Sonia-linked £1bn three year and a euro benchmark issued at the start of the year.

Bill Thornhill, July 11, 2019
Investment Grade Loans

Jumbo M&A gifts euro lenders breathing space

Germany’s Infineon Technologies and compatriot ZF Friedrichshafen have signed acquisition-related loans totalling €16.8bn, as loans bankers allow themselves a small sigh of relief after months of deal drought.

Mike Turner, July 11, 2019
Sovereigns

Long end euro lust rekindles Greek hopes

This week saw barnstorming trades from Italy and the European Financial Stability Fund (EFSF) in euros with the long end of the curve proving to be the strong end, and now rumours are swirling around the prospect of a Greek sovereign deal.

Mike Turner, July 11, 2019
CEE

Turkey investors disregard Erdoğan’s central bank meddling

After one of Turkey’s strongest months in capital markets of the year, this weekend the country’s president shocked investors by firing the governor of Turkey’s central bank. While Turkish assets sold off sharply on Monday, they recovered during the week. But some onlookers are worried that the recovery reflects desperation for yield, not a reduction in risks to Turkey’s economy.

Lewis McLellan, July 11, 2019
Bank Capital

Greek banks revel in one-off issuance window

In the space of just a few weeks, two Greek banks have made their first sales of capital instruments since the financial crisis: Piraeus Bank in June, followed by National Bank of Greece this week. With debt market valuations at all time highs, some market participants say that it is now or never for Europe's weakest financial institutions. David Freitas reports.

David Freitas, July 11, 2019
LevFin

Metro LBO bid looks rough for debt holders, whatever happens

Debt investors are looking at the leveraged bid for German retailer Metro AG by two private investors with uncertainty. Many questions remain about the outcome of the proposed deal, including the fate of Metro’s existing debt.

Morgan Davis, July 11, 2019
SSA Bond Comments

Italy EUR3bn 2.8% Mar 67

Rating: Baa3/BBB/BBB

Mike Turner, July 11, 2019

...

3508

3509

3510

3511

3512

...

30891