UK
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nanoFlowcell, a European tech firm focussed on energy-storage solutions and electric cars, is considering listing on the London Stock Exchange, the company said in a statement on Thursday.
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Lenders are still keen to underwrite sterling loans after the UK’s Brexit vote — as shown in Steinhoff’s £452m deal — said one head of Emea loan syndicate.
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South Africa's Steinhoff has agreed to buy UK discount retailer Poundland in a £597m deal, with Crédit Agricole one of two banks underwriting the loan financing. The French bank also benefited from Steinhoff’s thwarted bid for Darty earlier this year, when it co-underwrote a facility for rival bidder Fnac.
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Commerzbank has merged its high yield and leveraged loan teams, appointing the former HY head to lead the new unit and leaving the former levloan head without a position at the bank.
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Financial centres come and go, but they're mostly very resilient. London's been near the top of its game since the Napoleonic Wars. Will it take Brexit in its stride?
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The latest $1.25bn underwritten loan for the UK’s Melrose may look like a Brexit-defying success. But in reality, the firm is a lender’s darling and this doesn’t necessarily mean the gates are open wide for all UK loans.
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Data firms IHS and Markit completed their merger on Tuesday, after shareholders agreed terms for a deal worth $13bn in which bond, loan and derivative services are key areas of focus.
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Housing Development Finance Corp is set to put its name in the history books after launching the very first Masala bond from an Indian issuer on Monday evening. The offshore rupee trade has been a long time coming but if successful, it could unleash a torrent of new issuance from Indian firms.
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BGL, the owner of UK insurance-to-energy price comparison website Comparethemarket.com, has invited banks to pitch for the lead roles in its IPO.
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Two UK leveraged loans that borrowers launched shortly before the UK referendum have ended in contrasting results, with one closed successfully and the other pulled.
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ING has appointed Greg Arkus as its new UK head of financial institutions.
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UBS has hired Chris Gibson-Smith, former chairman of the London Stock Exchange, as vice chairman of corporate client solutions EMEA, the firm's investment banking businesses.