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 370,972 results that match your search.370,972 results

Sort by

EM Middle East

Islamic Development Bank tightens spread on five year sukuk

The Islamic Development Bank’s five year sukuk trade appears to be meeting with a warm response, allowing the leads to pull in the spread by several basis points.

Lewis McLellan, September 19, 2018
Bank Capital

Phoenix struggles to find demand on euro debut

Phoenix Group Holdings was unable to tighten the pricing for its debut deal in the euro market on Wednesday, a €500m long 10 year bullet.

Tyler Davies, September 19, 2018
ABBs-Block Trades

Adyen recovers in trading but blocks market remains nervy

The share price of Adyen, the Dutch payments firm, had recovered to trade at around €650 a share on Wednesday morning after rough week after investor sentiment seemed to turn against the stock after a large block trade.

Sam Kerr, September 19, 2018
CEE

EM primary market steps up a gear as confidence grows

The Middle East is continuing its domination of the CEEMEA primary market and even the Latin America new issue market is starting to see some action as a run of successful bonds in the last fortnight is helping to bolster investor confidence.

Francesca Young, September 19, 2018
Bank Capital

Sterling hybrid investor upbeat amid Brexit uncertainty

Market conditions have been shaky at times this year, and UK institutions in particular are under pressure as the country negotiates its departure form the EU. But Peter Doherty, managing partner and chief investment officer of Tideway Investment Partners, remains bullish on sterling hybrid debt.

Jasper Cox, September 19, 2018
Corporate Bonds

Covenants slacken as money piles into corporate debt

According to a report by asset manager BlackRock, global exchange traded products saw a consistent inflow into fixed income funds in the first eight months of 2018. Within fixed income products, investment grade corporate bonds saw equally consistent flows, while high yield corporate bonds saw two consecutive months of inflows after six months of outflows. The inflows extend to high yield markets too, which is doing nothing to aid the fight against looser covenants.

Nigel Owen, September 19, 2018
Supras and agencies

Investors soak up ‘recent surge’ in SSA SRI supply

Public sector borrowers were able to tighten pricing and achieve well oversubscribed books for socially responsible investment bonds on Tuesday, as investors took advantage of the flood of issuance in the sector. The momentum is likely to continue with more deals expected over the coming weeks, according to SSA bankers.

Burhan Khadbai, September 19, 2018
Derivatives

NEX coughs up $50m for ISDAFix manipulation

NEX Group is set to pay $50m after settling with the US Commodity Futures Trading Commission (CFTC) over allegations that brokers in its subsidiary ICAP helped bank traders in their attempts to manipulate the USD ISDAFix benchmark.

Costas Mourselas, September 19, 2018
Syndicated Loans

Gemcorp provides Zimbabwe with import loan

The UK’s Gemcorp has given a $250m loan to the Zimbabwe sovereign to help the country buy essential goods, as low dollar liquidity puts the squeeze on importers.

Mike Turner, September 19, 2018
Asia

Celltrion Healthcare overnight block fetches $356m

A private equity investor sold down its stake in South Korea’s Celltrion Healthcare on Tuesday evening to raise W401.3bn ($356.4m), with the shares so highly coveted that all orders had to be reined in aggressively.

John Loh, September 19, 2018
People and Markets

ECB says banks must make more money

The ECB has concluded most European banks lack a suitable long-term business plan and therefore intends to carry out on-site “missions and deep dives” to make sure they become more profitable.

Nell Mackenzie, September 19, 2018
LevFin High Yield Bonds

Covenant defence meltdown as levfin primary booms

Private equity firms and corporates are unloading speculative grade debt deals with loose terms, but investors still pocket them this week, suggesting that their recent resolve for discipline may be short-lived.

Victor Jimenez, September 19, 2018

...

4208

4209

4210

4211

4212

...

30914