UK

Arrow Global, the UK distressed debt buyer and manager, on Friday announced the buyout of Dutch peer InVesting, in a deal to be funded using current debt facilities.

The Charities Aid Foundation (CAF), a financial services provider for non-profits, has closed the offer period for its retail bond a week earlier than planned with demand much stronger than expected.

Royal Bank of Scotland (RBS) offered to buy and sell holdco senior debt on Wednesday, as UK banks make increasing use of liability management to adapt to new regulatory capital requirements.

The UK Debt Management Office has announced the details of two syndications it plans to sell in the first quarter of its 2016-17 financial year.

Royal Bank of Scotland offered to both buy and sell holdco senior debt on Wednesday, as UK banks make increasing use of liability management to adapt to new regulatory capital requirements.

A former head of UK equity capital markets at Bank of America Merrill Lynch has been appointed chief executive of UK Financial Investments, which manages the government’s stakes in Lloyds and Royal Bank of Scotland.

US biotech firm MaxCyte started trading on London’s junior stock exchange on Tuesday, after raising £10m from its initial public offering.

ICAP, the interdealer broker, has launched a daily index that measures the effective cost of funding for sterling government bonds.

The Charities Aid Foundation (CAF), a financial services provider for non-profits, has closed the offer period for its retail charity bond a week earlier than expected.

Index provider FTSE Russell announced on Wednesday a new index which combines for the first time the China A-shares and Hong Kong-listed H-shares of the 50 largest Chinese companies.

The Bank of England has raised its countercyclical buffer in response to the UK’s looming European Union referendum, as it tries to ensure banks will continue to lend in the event of a ‘Brexit’ vote.

Cairn Homes, the Irish housebuilder that floated in London for €440m last June, completed its second post-IPO capital raising this week, raising €175m to buy further land for development.