Top section
Top section
New role includes digital assets
Margins widen as lenders weigh up AI disruption to portfolio companies
Market still open to strategic mergers, but deal execution more selective
More articles
More articles
More articles
-
Central bank governors, chief executives, fintech pioneers and bankers met at the GCC Financial Forum hosted by Euromoney in Bahrain's capital Manama to discuss the reinvention of financial services and its impact on markets. Low oil prices and fiscal dilemmas across the region have not deterred capital market participants from robust activity, as investors and lenders exude confidence in the capacity of regional banks to incorporate financial innovation into their products. -
Switzerland’s Roche has agreed to buy US company Spark Therapeutics for around $4.8bn, with analysts predicting minimal impact on the healthcare multinational’s credit metrics thanks to large forecasted free cash flow.
-
A pair of UK names are in talks to amend and extend their existing debt, as loans bankers again complain that the high grade loan market continues to be populated with pseudo-refinancings that are cheaper than the real thing.
-
German industrial services company Bilfinger has launched a Schuldschein months after pulling a transaction in public markets. The BB-rated company is offering a spread substantially higher than the typical Schuldschein borrower, in the hope that lenders will forego its failed foray and be charitable with its chequered past.
-
Sir Gerry Grimstone, whose departure from Barclays was announced last week, is joining a joint venture between Investcorp and Aberdeen Standard Investments as chair.
-
Philippine oil company Petron Corp has returned to the offshore loan market after a two year absence, picking a bigger lead group that has allowed it to achieve much tighter pricing.
Sub-sections
