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 373,110 results that match your search.373,110 results

Sort by

People News

People Moves in Brief

Crédit Ag hires new ABS syndicate head - Presley returns to CS - Nomura raids BBVA for new ESG syndicate role

GlobalCapital, May 31, 2018
Corporate Bonds

Corporate bonds steady: now where is an issuer willing to pay up?

Corporate bonds steadied in trading on Thursday, as better news from Italy produced a bizarrely strong rally in Italian government bonds. Corporate issuance is out of the question this week, but could come next week if markets continue steady.

Jon Hay, May 31, 2018
Corporate Bonds

Risk-torn week yields paltry US bonds as window market returns

US corporate bond bankers are hoping for a rebound in supply in June, after the high grade new issue market limped to the end of May.

David Rothnie, May 31, 2018
RMBS

Tough risk retention rules drive sweet deal for IBs

Risk retention in securitization, designed to make sure players have ‘skin in the game’, has driven a trade that seems almost the opposite – investment banks profiting by using their market stature to hold risk retentions instead of their clients. Barclays is the most recent player to take advantage, and for the lowest fee yet.

Owen Sanderson, May 31, 2018
Asia

Hyundai return proof of Swiss resilience against global volatility

The Swiss franc bond market showed this week that it is well insulated from the turmoil affecting the euro market as South Korea’s Hyundai Capital raised Sfr300m from a tightly priced five year bond. With cross-currency basis swaps coming down, and low new issue premiums, Zurich-based bankers are keen to showcase the pricing competitiveness as well as the stability of their market.

Silas Brown, May 31, 2018
LevFin High Yield Bonds

Lebara raises spectre of Steinhoff in Nordic market

Telecoms firm Lebara this week pushed back a deadline to avoid breaching reporting covenants of its only bond, a high yield note under Norwegian law, leaving some market participants worried about contagion.

Victor Jimenez, May 31, 2018
Equity

Eurozone contagion feared after Italian IPOs shuttered

The furore over the identity of Italy’s new government has seemingly put at least a temporary stop to its IPO market, with some sellers looking to wait until a semblance of stability returns. Other European markets are operating as normal but bankers remain on alert should volatility worsen, writes Sam Kerr

Sam Kerr, May 31, 2018
Market News

Another four big banks sign on to US bookbuilding project

Goldman Sachs and three other major banks have signed up to the project to build a joint electronic bookbuilding system for the US investment grade market, joining Bank of America Merrill Lynch, Citi, and JP Morgan and giving the new platform a strong shot at total market dominance. Goldman’s merchant banking arm sold Ipreo, the main rival to the new project, last week.

Nell Mackenzie, May 31, 2018
CEE

Turkey rallies as CBRT steps in to save lira

Turkish dollar bonds outperformed in a heavy market this week after the Central Bank of the Republic of Turkey (CBRT) moved to simplify rates in order to protect the lira. The recovery of the lira to below TL4.5 to the dollar has been taken by the market to indicate that last week’s rate hike was a success.

Virginia Furness, May 31, 2018
LevFin Leveraged Loans

Fitch beefs up levfin analysis with Fulcrum buy

Fitch Group has reached an agreement to acquire Fulcrum Financial Data, which includes financial analysis brands such as Covenant Review, LevFin Insights and Capital Structure.

David Bell, May 31, 2018
Regulation

Bankers race to do legacy deals ahead of regulation deadline

The new Securitization Regulation, due to come in on January 2019, could unintentionally block banks from disposing of legacy assets, pushing some buyers and sellers to try to accelerate trades to get them done before the end of the year.

Owen Sanderson, May 31, 2018
SSA MTNs and CP

MTN issuers yet to adjust to Italy

MTN borrowers have not yet altered their issuance levels to take account of the violent moves in curves, led by Italy, over the past two weeks — leaving the euro market all but deserted.

Lewis McLellan, May 31, 2018

...

4632

4633

4634

4635

4636

...

31092