United States
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Solvay, the Belgian chemical company, enjoyed the benefit of the European corporate bond market's blistering return to form this week, when it raised €3.25bn of hybrid and senior debt for its acquisition of Cytec Industries. -
Lloyds Banking Group printed a 30 year tier two deal as a flurry of FIG borrowers dominated the dollar market ahead of the Thanksgiving holiday.
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MasterCard, the US credit card payments company, raised €1.65bn on Monday with its first euro bonds — and only its third bond issue ever.
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The corporate dollar market ground to a halt ahead of the US Thanksgiving holiday as investors moved to risk-off mode after Vodafone pulled a deal and geopolitical tensions in the Middle East kept borrowers on the sidelines.
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Symrise, the German fragrances and ingredients supplier, has doubled the size of its Schuldschein issue after receiving strong demand from investors.
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The US Commodity Futures Trading Commission has proposed rules to increase oversight and risk controls for high speed electronic trading — particularly the use of algorithms — in a bid to limit disruptions in the futures market.
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CLS Group, the foreign exchange settlement firm, has teamed up with financial information services provider Markit to launch an FX settlement service for cross currency swaps.
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US regulator the Commodity Futures Trading Commission has proposed rules to increase oversight and risk controls for high speed electronic trading – and particularly the use of algorithms – in a bid to limit disruptions in the futures market.
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MasterCard, the US credit card payments company, raised €1.65bn on Monday with its first euro bonds - and only its third bond issue ever.
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The Depository Trust & Clearing Corporation has launched Data as a Service (DaaS), a solution that the company claims will transform the way data is accessed and presented from its clearing, settlement, servicing and trade reporting platforms.
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The Chicago Board Options Exchange has created five options-based strategy performance benchmark indices that aim to help investors improve risk management and returns.
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The leveraged finance market suffered an unpleasant shock this week, when $5.6bn of loans and bonds for the Carlyle Group’s acquisition of Veritas Software had to be pulled. Bankers were left blaming market sentiment, an aggressive structure — and each other, write Max Bower and Victor Jimenez.
