Top section
Top section
AfDB hopes to launch multi-issuer securitization this year
◆ French firm takes €700m with unrated deal ◆ Double digit concession needed ◆ Deal prices inside debut, but returns higher yield
Deal liberates capital and tempts investors to take new frontier market risk
More articles
More articles
More articles
-
Qatar National Bank will increase its loan from €1.5bn to €2.25bn, according to a banker close to the deal and top tickets receive all-in pricing of 126.7bp, according to a second banker.
-
UK homebuilder McCarthy & Stone has extended the maturity and reduced the interest cost of its £200m revolving credit facility. -
The investment grade corporate bond market is going through a soft patch, with new deals underperforming in secondary and new issue premiums widening. So far, though, issuers have not been put off.
-
Details have emerged on the pricing and structure of the latest borrowing by Tata Steel, which will be used to refinance the debt of its Canadian arm.
-
Monsanto has rejected Bayer’s all-cash bid of a $62bn enterprise value as “incomplete and financially inadequate”, but left the door open to an improved offer.
-
Swedish smelting and mining company Boliden has signed €1.39bn in loans, although the borrower was initially planning a larger deal, said a banker close to the financing.
Sub-sections
