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 373,248 results that match your search.373,248 results

Sort by

CEE

Otkritie to write down old-style tier twos: 'see you in court'

Russia’s Otkritie Bank last week announced plans to write down its outstanding tier two bonds, including an old-style $500m 10% April 2019 tier two, the contractual terms of which did not include a write-down feature. The move was an invitation to sue the private lender, said one EM portfolio manager, and GlobalCapital can reveal that Baker & McKenzie is building a case to bring against the bank.

Virginia Furness, December 05, 2017
Equity

First block trade in Aumann raises €80m for growth, M&A

Aumann, the German engineering company specialising in wire coiling and e-motors, raised €80m of gross primary proceeds on Monday night, through an accelerated bookbuild, to fund growth and acquisitions.

Sam Kerr, December 05, 2017
Emerging Market Loans

Turk Telekom signs term loan as Erdogan calms markets

Turk Telekomunikasyon (Turk Telekom), the telecommunications company headquartered in Ankara, signed a $100m four year term loan on Monday. Turkish markets have calmed after the country's president Recep Tayyip Erdogan’s clarified statements he made on Sunday about Turkish companies investing abroad.

Silas Brown, December 05, 2017
EM Middle East

Price is right for Emirates Reit with order book over $975m

Emirates Reit, the world’s largest listed Sharia compliant real estate investment trust has drawn an order book of over $850m for its five year sukuk.

Francesca Young, December 05, 2017
Senior Debt

LBBW feels the green glow with senior debut

LBBW came to the market with its first green bond on Tuesday, hoping to reach new investors. It plans to issue at least one to two benchmark green trades a year in the senior unsecured or covered format.

Jasper Cox, December 05, 2017
Derivatives

Eurex Clearing teams up with trading platforms

Eurex Clearing on Tuesday announced that five execution platforms will support a new partnership programme, as it tries to wrest interest rate swap clearing business from London.

Costas Mourselas, December 05, 2017
Covered Bonds

CBPP3 may shrink in December

The covered bond purchase programme (CBPP3) could well contract in December, but the European Central Bank will easily have scope to rebuild its portfolio in January which will support spreads. However, a rise in November's secondary market purchases shows real money investors are taking profits and leaving the asset class, boding poorly for the longer term spread outlook.

Bill Thornhill, December 05, 2017
Covered Bonds

ABN registers second covered bond programme

ABN Amro has registered a second covered bond programme as a Dutch company. Analysts at Rabobank believe the programme will be used for central bank funding purposes.

Bill Thornhill, December 05, 2017
Asia

Nissin Foods nets $122m through Hong Kong IPO

Nissin Foods Co has raised HK$950.8m ($121.6m) from its IPO after pricing the shares just off the bottom of guidance, according to a source close to the deal.

Jonathan Breen, December 05, 2017
Asia

Hong Kong IPOs: the new era is here

Hong Kong’s equity market is finally shaking off its fusty image as a home for unloved Chinese IPOs, with overstuffed bank syndicates and cornerstone tranches, and friends and family deals increasingly becoming a thing of the past. There will be naysayers, but all the signs show that the change is here to stay.

John Loh, December 05, 2017
Asia

China General Nuclear fires up conventional/green combo

China General Nuclear Power Corp (CGNPC) raised around $1.5bn from a dual currency, triple-tranche transaction on Monday, which included a green bond. The issuer’s ambition to raise funds at the long end of the curve meant it offered a juicy pick-up on the five-to-10 year dollar curve compared to other A-rated state-owned names.

Addison Gong, December 05, 2017
Market News

EIB proposes new subsidiary for lending outside the EU

The European Investment Bank proposed today to European finance ministers to set up a new subsidiary, open to new shareholders, other than the EIB's existing owners, the European Union member states.

Jean Comte, December 05, 2017

...

5067

5068

5069

5070

5071

...

31103