UK

NYX Gaming Group, the Las Vegas digital game supplier, has announced the signing of £120m of leveraged loans backing its acquisition of UK peer, OpenBet. UK competitors William Hill and Sky Betting & Gaming are partially funding the £270m purchase.

Macquarie Capital has hired Warrick Booth as a managing director in European DCM.

The Financial Policy Committee noted that while UK bank capital has grown, the resilience of the system is threatened by banks’ impaired ability to generate internal capital in a low profit environment, minutes from the committee’s latest meeting show.

Option premiums have been very high in sterling pairs for some time, but analysts are at odds over whether maturities before the United Kingdom's referendum on European Union membership are correctly priced.

The UK Debt Management Office kicks off its 2016-17 funding programme by auctioning £5.25bn of debt this week, in what will be the first test of a mechanism it has introduced to enhance Gilt price discovery.

Lloyds defied mounting concerns over the outcome of this June’s UK referendum on whether to remain in the EU, raising €1.25bn of seven year funding on Monday. At the same time Leeds Building Society announced plans to issue its first deal in euros.

ICBC Standard Bank has hired Kent Hilen into the newly created role of head of international coverage, following the recent creation of an international DCM and syndicate operation.

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.