The Netherlands
-
Delta Lloyd’s largest shareholder continues to oppose the Dutch insurance company’s planned rights issue, which it said on Monday was “massively dilutive” and would “unnecessarily overcapitalise the company at the expense of shareholders”. -
-
Delight spread through Europe's high yield market on Thursday afternoon, as LeasePlan, the Dutch car finance bank that had ignominiously pulled a €1.55bn LBO financing in February, succeeded in pricing the deal on its second attempt, writes Victor Jimenez.
-
Van Lanschot Bankiers mandated leads for a roadshow with a view to issuing a euro denominated conditional pass through benchmark.
-
The European high yield market experienced a flush of hope on Wednesday as LeasePlan, the Dutch car finance bank, returned with the €1.55bn bond funding for its LBO, which it had pulled in February.
-
A funding veteran at a European agency has swapped jobs with a person from the issuer’s treasury team.
-
A record breaking start to the year for SSA issuance in sterling kept pace this week, as the bond market showed little sign of contagion from a drop in the currency to a seven year low versus the dollar — and indeed may even have received a boost from the devalued currency.
-
This week the Schuldschein market completed what could be its second largest deal ever, for Aldi subsidiary Hofer, and also launched its first two green deals — in what looks like another impressive year for the market.
-
Delta Lloyd, the Dutch insurance company, bowed to investor pressure and cut the size of its planned rights issue by a third on Wednesday, to €650m.
-
A Dutch agency has become the latest public sector borrower to dip into a record breaking sterling market for the year so far, after mandating banks on Wednesday for a deal.
-
NL Financial Investments, the Dutch state agency, has named bookrunners for the IPO of insurer ASR, having already chosen the global co-ordinators earlier this year.
-
A healthy pair of benchmarks this week and strong conditions mean the euro market is wide open for a pair of supranationals to bring planned deals next week.
