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 371,437 results that match your search.371,437 results

Sort by

Equity IPOs

Arena Events closes 4.5% up after £60m AIM IPO

Shares in Arena Events Group, the UK supplier of temporary structures to festivals and sporting events such as Wimbledon and Glastonbury, closed 4.5% above their IPO price on Tuesday after the company made its debut on London’s Alternative Investment Market (AIM).

Aidan Gregory, July 25, 2017
Sovereigns

Greek comeback passes muster, bankers await stats

Greece’s return to bond issuance on Tuesday drew praise from bankers across the SSA sector, who are now eagerly waiting to see whether the book — much smaller than its previous comeback bond in April 2014 — trumps that older deal for quality.

Craig McGlashan, July 25, 2017
GC View

Greece’s debt comeback shouldn’t mask relief needs

Some may question whether Greece should have waited until after the summer before bringing its second comeback bond in three years, but the issuer and the banks should be applauded for a job well done. Now the focus must turn to debt relief.

Craig McGlashan, July 25, 2017
OCC 'support' for fintech is great, but now what?

Acting Comptroller of the Currency Keith Noreika’s support of granting national bank charters to fintech companies is positive for the industry, but until the OCC actually provides clear and specific guidelines, the banking charter for fintech firms is a pipe dream.

Sasha Padbidri, July 25, 2017
Covered Bonds

Early mover advantage for peripheral covered issuers

Covered bond issuers in Europe’s periphery should wake up to the fact that current spread levels are artificially tight and unsustainable. The first bank that recognises and takes advantage of this will have a distinct advantage over its competitors.

Bill Thornhill, July 25, 2017
Derivatives

MOEX expands membership with EDB admission

Eurasian Development Bank (EDB) has become the first international financial institution to gain admission to the Moscow Exchange (MOEX) derivatives market.

GlobalCapital, July 25, 2017
GC View

Leverage is in the eye of the beholder

Everyone wants to dilute the leverage ratio, but in different ways. That undermines the use of it as a backstop to risk-based capital, and undermines regulatory consistency.

Owen Sanderson, July 25, 2017
Equity

Hannam adds two veteran resources analysts

Hannam & Partners, the investment banking boutique founded by Ian Hannam, has hired two experienced equity analysts to cover the mining and oil and gas industries.

Jon Hay, July 25, 2017
Syndicated Loans

Michael Kors bags £1.1bn loan for Jimmy Choo buy

Michael Kors, the US luxury fashion company, has signed a £1.115bn bridge facility for its £896m acquisition of UK competitor Jimmy Choo from majority shareholder JAB Luxury, the retail holding company of the Reimann family.

Max Bower, July 25, 2017
GC View

Schuldschein lenders will stay faithful as ECB tapers

The ECB stimulus has likely contributed to a flow of borrowers and buyers entering the Schuldschein market, as downward pressure on spreads has forced lenders to look further for yield. But with talk of ECB tapering, some fear that the international investors who drove up volumes will return to more traditional stomping grounds. But these investors will be more faithful than it might seem.

Silas Brown, July 25, 2017
Corporate Bonds

Grand City tenders and extends while Sodexo taps

After Monday’s British flavour to corporate bond issuance, German property company, Grand City Properties, and French food services company, Sodexo, brought deals to the market on Tuesday. Grand City printed a €600m nine year new issue and Sodexo tapped its €600m 0.75% April 2027 deal for €200m.

Nigel Owen, July 25, 2017
Supras and agencies

FMS-W comes flat to dollar curve with 2bp hop

FMS Wertmanagement nipped into a quiet dollar market on Tuesday, pricing a five year global benchmark flat to its curve after taking the unusual step of jumping 2bp from opening guidance in one step.

Craig McGlashan, July 25, 2017

...

5289

5290

5291

5292

5293

...

30953