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 371,424 results that match your search.371,424 results

Sort by

Corporate Bonds

August starts and the market hopes for opportunistic issuance

Corporate bond investors had only one roadshow yet to result in a new issue to contend with on Tuesday as their market appeared to grind to a halt for a summer break.

Nigel Owen, August 01, 2017
GC View

Why is sterling not so green?

Anglian Water, priced a £250m eight year green bond on Monday. The size and tenor are unremarkable, and in a generation of sustainability and responsibility, a green bond should cause similarly few ripples. However, this was the first sterling-denominated green bond issued by a corporate borrower since 2015.

Nigel Owen, August 01, 2017
FIG

Investec joins sterling summer boom with £100m tap

Investec took advantage of an open market and limited competition this week to tap its sterling May 2022 senior bond.

Jasper Cox, August 01, 2017
CLOs

Leverage ratios climb in US middle market CLOs as issuance picks up

A flood of investor cash into US middle market lending is pushing more aggressive underwriting, as lenders compete for investment opportunities and debt investors chase yield in CLO structures.

David Bell, August 01, 2017
FIG

Westpac mimics CIBC with outstanding sterling covered bond, more to follow

Westpac this week followed Canadian Imperial Bank of Commerce in taking advantage of a glut of sterling covered bond liquidity. It issued a sizeable five year sterling covered bond which is expected to provide cheaper funding than the euro or dollar equivalent, boding well for additional supply.

Bill Thornhill, August 01, 2017
Carige gears up for NPL portfolio sale

Italy’s Banca Carige has said that it has identified the investors that it will pitch to for its sale of €1.2bn of non-performing loans held on its balance sheet.

Sam Kerr, August 01, 2017
EM Middle East

Bunfight expected as Iraq wraps roadshow

Not only is Iraq expected to have the sole attention of the market when it opens books for its new bond on Wednesday, but it will offer investors a rare chance to lock in government debt at a decent yield in a market more barren than the Atacama Desert. In short, bankers are expecting a blowout.

Virginia Furness, August 01, 2017
LevFin High Yield Bonds

ETFs no match for HY market, says Alliance Bernstein research

Returns data shows passive funds are lagging their active counterparts in the European high yield bond market, investment firm Alliance Bernstein said in a report on Tuesday. But active fund managers expect passive money to grow.

Victor Jimenez, August 01, 2017
Asia

BMW's China arm races toward ABS return

BMW Automotive Finance (China) Co is planning its second outing in China’s auto loan asset-backed securities market this year, with book building for the Rmb4bn ($595.7m) Bavarian Sky China 2017-2 set to start next week.

Noah Sin, August 01, 2017
FIG

EBA warns on ‘absorbability’ of MREL

The European Banking Authority (EBA) has questioned whether banks will be able to place large quantities of new debt into the capital markets for the minimum requirement for own funds and eligible liabilities (MREL), with issuance volumes set rise in 2018 and 2019.

Tyler Davies, August 01, 2017
Market News

Deutsche signs 25 year lease on new City office

Deutsche Bank and Land Securities confirmed on Tuesday that Deutsche had agreed a 25 year pre-lease at 21 Moorfields, a new building going up over the Crossrail station at Moorgate in London.

Owen Sanderson, August 01, 2017
EM LatAm

Panamanian duo offer slight sovereign pick-up

The rarity of corporate new issues from Panama allowed both lender Banco General and the capital city’s metro operator to price bonds tight to the sovereign curve on Monday.

Oliver West, August 01, 2017

...

5271

5272

5273

5274

5275

...

30951