© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 161 Farringdon Rd, London EC1R 3AL. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions | Cookies

SRI

Top section

Top section

L'Oréal glams up with Sfr500m debut in Swiss francs

French company diversifies funding after inaugural dollar deal last year
Several banks are reining in their appetite for warehouse lending

On DLT, regulators could bring order — or disruption

Markets are looking to the authorities to simplify blockchain issues, but they may not have the purest motives

Elevated rates dampen appetite for long-dated corporate bonds

Issuance beyond 15 years could return if rates stabilise
Several banks are reining in their appetite for warehouse lending
Sub-sections
  • IAG, the parent of British Airways and Iberia, has become the latest airline company to tap the convertible bond market for financing during the pandemic, as it continues to burn vast amounts of cash amid a slow recovery in global travel.
  • The IMF and Zambia have reached a "broad agreement" on a reform agenda for Africa’s first sovereign defaulter of the pandemic era. That will serve as a prelude to securing a new credit facility from the Fund and pleased investors, who noted that Zambia's bonds have made gains in recent weeks.
  • Cathay Pacific Airways has sold its first dollar bond in more than 20 years, battling suppressed business over the last two years to raise $650m from the long-overdue deal.