United States
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Steven Halperin, co-head of EMEA equity capital markets at Barclays Capital, is leaving that job and will return to the US, to a different role at Barclays. He is already spending more of his time in the US.
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Verizon Communications will meet Swiss investors on Tuesday afternoon to discuss an inaugural Swiss franc bond.
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Litigation finance house Burford Capital is set to become this year’s second issuer on the London Stock Exchange’s Order book for Retail Bonds (Orb).
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Corporate bond issuers in Europe made a busy start with multi-tranche deals from energy company E.On and brewer AB InBev, as primary markets shrugged off the biggest ever cyber-attack on businesses around the world at the weekend.
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The Depository Trust & Clearing Corporation (DTCC) on Monday committed to expanding its use of cloud technology “across a much greater range of its services and applications” over the next three to five years.
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Abengoa’s yieldco spinoff, Atlantica Yield, took a step further from its troubled Spanish major shareholder on Monday, having received its first double-B rating from Standard & Poor’s.
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Citigroup, State Street and Bank of New York tapped the market as the callable bandwagon rolled on and banks continued to boost their regulatory capital buffers.
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Amgen and Intel led the scramble into the US dollar bond market this week with big trades as corporates looked to lock in funding ahead of an expected interest rate rise by the Federal Reserve next month.
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Australian billionaire James Packer unwound the last of his position in a Macau joint venture with Hong Kong scion Lawrence Ho this week. Packer raked in $1.2bn from an unusually structured deal that included a $337m block trade, capturing the attention of Asian and US investors. Jonathan Breen reports.
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Standard Chartered is strengthening its credit teams in Singapore, Hong Kong, London and New York, the bank said this week.
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Bright Scholar Education Holdings had covered its $150m US IPO as of Monday, according to bankers arranging the deal.
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Eurobond offerings from US high yield borrowers may be harder to find in the second quarter of the year as pricing terms improve for US borrowers.