Top section
Top section
ENBD to end euro absence after 11 years
Attractive pricing versus dollars luring GCC borrowers back to the single currency
◆ UK lender raises $4.5bn-equivalent in five senior holding company tranches this week ◆ Both deals target long dated funding ◆ Despite secondary widening, euro offering lands with hardly any premium
Is my promotion a one-way ticket to the snake pit?
Craig Coben examines whether it is true that no good deed goes unpunished
UPDATE CEB plunges into Sofr FRNs with $500m debut
New product 'ticks boxes' including more investor diversification for Paris-based supranational, which also sold its largest Kangaroo
◆ UK lender raises $4.5bn-equivalent in five senior holding company tranches this week ◆ Both deals target long dated funding ◆ Despite secondary widening, euro offering lands with hardly any premium
Sub-sections
-
◆ Insurance companies anchor long dated green tranche with near-4% yield ◆ Curve extension debated ◆ Deal comes amid widening secondary spreads but lands with negligible premium -
Newfoundland prints 20 year, Crédit Agricole debuts a green covered bond
-
Sterling deal securitizes two data centres in Slough
-
International interest for German paper has grown
-
◆ Dutch lender's latest €2.5bn senior holdco follows Aussie domestic senior foray ◆ Comes a day after $1.5bn AT1 and before green RMBS ◆ Demand for senior unsecured assets is strong as ING clears big funding with limited, if any, new issue concession
-
◆ Issuer's first green benchmark in 2026 ◆ Blended premium estimated ◆ Central bank/official institution allocations 'notable and high' for green label
-
Only one of Canada's big five banks has yet to publicly support new defence bank initiative
-
Hyperscaler earnings could become a crucial date for issuance funding calendars
-
Cologix taps private ABS for latest trade
-
Chemical sector's growing uncompetitiveness a problem when it comes to attracting investment in the capital markets
-
Canada throwing full weight behind plan for new multilateral lender for defence funding
-
Second Canadian lender to declare official support for embryonic SSA issuer as government takes lead on establishing new entity
-
The Renewable Energy Infrastructure Group (Trig), a UK investment trust that invests in assets generating electricity from renewable sources, has launched a non-pre-emptive capital raising on the London Stock Exchange for acquisition funding. However, the size will depend on a shareholder vote in December.
-
Greencoat UK Wind, the renewable infrastructure fund, is buying a 38% stake in an offshore wind farm for £500m using new and existing debt. But analysts warn that the fund could push through its debt ratio limit in the coming years.
-
The Federal Housing Finance Agency (FHFA) issued its final capital rule on Wednesday, mandating more capital for Fannie Mae and Freddie Mac to ensure they exit conservatorship on a ‘sound capital footing’. The agency’s progress towards privatisation could be limited by the likelihood that President-elect Joe Biden will switch out FHFA boss Mark Calabria for a Democratic pick.
-
The International Fund for Agricultural Development received its second credit rating on Thursday, marking another step towards its debut in capital markets. CFO Alvaro Lario spoke to GlobalCapital about its plans.
-
Boris Johnson, UK prime minister, announced on Tuesday night a 10 point plan for the environment, including phasing out petrol cars by 2030. But policy specialists are disappointed that the plan lacks financing commitments and especially that there is no announcement of a national investment bank.
-
Sunnova is entering the ABS market with a deal backed by residential consumer solar loans, shortly after Loanpal made its return. With yields still at all time lows, solar securitizations have appealed to investors and traders for their high returns, and a transaction structure that looks more like a mortgage product than an esoteric ABS.
-
Investors and bankers grapple with 24% fall in Bitcoin since deal was rated
-
Investment banking travel was a relentless grind, not gold card access to global glamour
-
Books were nearly three times the issue size
-
Eight banks provided loan facility to company
-
Vaccine bond programme to issue $1.5bn this year but needs new pledges
-
First deal of its kind more than 1.5 times subscribed
-
Sponsored by Islamic Development Bank (IsDB)
Sukuk market’s next chapter: Financing the future, sustainably
-
-
Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
-
Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
