Top section
Top section
Divisions deepen over multilateral development banks’ climate commitments
Deal rules and slow primary market make ramping up deals difficult
◆ Supranationals and agencies prepare to achieve the previously unthinkable ◆ Leveraged loans versus private credit and their effect on CLOs ◆ A new dawn for dollar covered bonds and UK equity market structure
More articles
More articles
More articles
-
Rabobank has appointed Ian Baggott from the Loan Market Association to lead its Asia capital markets team, effective in August. -
Refinitiv’s 2018 high yield bond was slammed for having the weakest ever investor protections. Now another Blackstone consortium is about to use that deal as a template in the £5.9bn public-to-private buyout of theme park giant Merlin. The financing package also features protection against short-selling debt activists — an activity associated with Blackstone unit GSO Capital. Karoliina Liimatainen reports.
-
The largest second lien tranche since the financial crisis, a Sfr1.3bn-equivalent deal, was placed to just five accounts, GlobalCapital understands, supporting EQT, Luxina and PSP’s $10bn buyout of Nestlé Skin Health. The big second lien tickets illustrate the depth of demand for the product, which has been buoyed by the cash raised for direct lending opportunities — and supports the deal through senior syndication.
-
The UK government launched its Green Finance Strategy this week, including a broad range of measures to stimulate awareness of climate change and other environmental problems in financial markets, and ease the flow of capital to green projects. But observers criticised the government for not setting out a plan on how to finance the transition to a zero emissions economy.
-
The Schuldschein market’s first half of 2019 was better than expected, prompting arrangers to believe that this year could break the records set in 2017 for deal numbers and overall volume.
-
European banks crowd CCI loan - Cofinimmo bumps up revolver size - Red Eléctrica gets debt for Hispasat buy - Wilmington brings in Bank of Ireland for refi - HTM Sports enters Schuldschein market for euros and dollars - Porterbrook sends out RFP for US PP return - EGPC bounces back into market, launches syndication
Sub-sections
