Blackstone has privately preplaced and priced the largest sterling-denominated CMBS since the 2008 financial crisis, a roughly £1.54bn securitisation backed by its portfolio company Haven Leisure's UK holiday parks, amid surging CMBS activity in Europe.
Better late than never. Societe Generale this month started buying back its shares to very belatedly join a buyback wave that has seen a dozen US and European banks repurchase almost US$700bn of stock in the past decade, including US$142bn in the last 18 months.
China has reopened the door for pre-profit companies to list on the A-share markets and broadened the types of industries that are eligible, in a move to fulfil the growing funding needs of homegrown early-stage technology companies.
The UN-backed Systematic Observations Financing Facility is working with the World Bank on an innovative impact financing designed to help plug gaps in climate and weather data in developing countries and improve global weather forecasts.
Goldman Sachs has increased headcount in its European Union operations by 16% in the past year, as the major US banks continue to put more bankers on the ground in cities such as Frankfurt, Paris and Milan.
A total of 15 investment-grade issuers are tapping the US bond market on Monday ahead of a key inflation data release on Tuesday, taking advantage of tight spreads and relatively calm conditions.
Danish state and Morgan Stanley guarantee US$9.36bn raise for Orsted
The Trump administration’s opposition to offshore wind has been partially blamed for derailing Denmark’s Orsted selling a stake in its Sunrise Wind project in the US and putting it on the path to a fully guaranteed DKr60bn (US$9.36bn) capital increase.
Danske reopener affirms new Tier 2 clearing levels
The euro bank capital and covered bond markets both reopened on Monday following the summer break, with Danske Bank catching the eye as it priced the tightest euro bank Tier 2 bond in almost four years.
Bullish increases size of IPO by nearly 60% to US$990m
Bullish, the Thomas Farley-led crypto exchange, is now seeking to raise up to US$990m from its NYSE IPO after both upsizing and increasing the valuation being targeted on the offering.
Goldman Sachs has increased headcount in its European Union operations by 16% in the past year, as the major US banks continue to put more bankers on the ground in cities such as Frankfurt, Paris and Milan.
Hedge funds pitch risky deal-contingent derivatives to private equity firms
Hedge funds have approached private equity firms about trading complex currency derivatives hedging risks on cross-border acquisitions directly with them, industry insiders say, a move that threatens to cut investment banks out of a business they have dominated for years.
Better late than never. Societe Generale this month started buying back its shares to very belatedly join a buyback wave that has seen a dozen US and European banks repurchase almost US$700bn of stock in the past decade, including US$142bn in the last 18 months.
It is a great time to be trading equities. Banks are reporting record revenue and traders may see record bonuses, according to pay analysis firm Johnson Associates.
A total of 15 investment-grade issuers are tapping the US bond market on Monday ahead of a key inflation data release on Tuesday, taking advantage of tight spreads and relatively calm conditions.
Danske reopener affirms new Tier 2 clearing levels
The euro bank capital and covered bond markets both reopened on Monday following the summer break, with Danske Bank catching the eye as it priced the tightest euro bank Tier 2 bond in almost four years.
Swiss healthcare company Roche brushed off fears of an up to 250% US import tariff on the global pharmaceutical industry on Monday when it found a strong response in its home market for a SFr775m (US$955m) three-part deal.
Core SSA benchmark markets are set for another week barren of supply, bankers report, as the first half of the year's speedy issuance pace continues to subdue the already slower summer weeks.
Landmark Dividend is preparing its first public securitization backed by billboard revenues, marking a rare deal from this niche corner of the ABS market.
Blackstone has privately preplaced and priced the largest sterling-denominated CMBS since the 2008 financial crisis, a roughly £1.54bn securitisation backed by its portfolio company Haven Leisure's UK holiday parks, amid surging CMBS activity in Europe.
Vertical Bridge returned to the US asset-backed market last week to refinance two older deals backed by a portfolio of cell towers leased primarily to media firms for broadcasting.
US commercial mortgage bonds with exposure to Vornado are in the spotlight as the real estate developer considers selling some properties in an effort to boost its share price.
Domino's is serving up US$1bn of securitised notes to refinance several older issues, marking the first syndicated asset-backed deal from the world's biggest pizza chain since 2021.
SOFF looks for funds to improve global weather forecasting
The UN-backed Systematic Observations Financing Facility is working with the World Bank on an innovative impact financing designed to help plug gaps in climate and weather data in developing countries and improve global weather forecasts.
Funding for green hydrogen projects is expected to pick up in 2026 after slowing in the last 12 months as projects have been reassessed for commercial viability amid increased geopolitical turbulence.
The City of Nagoya is planning to sell a green and nature-themed bond in September, which will be Japan's first such bond to be aligned with an international standard.
Oversea-Chinese Banking Corp Sydney branch priced a A$1bn (US$648.5m) three-year floating-rate green bond at three-month BBSW plus 64bp, inside the initial guidance of 70bp area.
Indian nonbanking financial company SK Finance has delayed bookbuilding for an up to Rs17bn (US$194m) IPO as it awaits orders from large domestic mutual funds, people with knowledge of the transaction said.
Danish state and Morgan Stanley guarantee US$9.36bn raise for Orsted
The Trump administration’s opposition to offshore wind has been partially blamed for derailing Denmark’s Orsted selling a stake in its Sunrise Wind project in the US and putting it on the path to a fully guaranteed DKr60bn (US$9.36bn) capital increase.
Tata Capital hopes faith in parent group will land IPO
Indian nonbank financial company Tata Capital is banking on investor faith in Tata Group to ensure that its up to Rs170bn (US$1.93bn) IPO planned for September goes smoothly.
Bullish increases size of IPO by nearly 60% to US$990m
Bullish, the Thomas Farley-led crypto exchange, is now seeking to raise up to US$990m from its NYSE IPO after both upsizing and increasing the valuation being targeted on the offering.
Coinbase secures US$2.6bn from upsized double-zero CB
Coinbase Global raised an upsized US$2.6bn from a two-part sale of convertible bonds on Tuesday, contributing to a US$10bn war chest to grow the business while also prefunding debt maturities with lower-cost paper.
Blue-chip borrowers in Australia are raising loans at the tightest pricing levels in six years, taking advantage of hunger for quality assets among Asian banks flush with liquidity.
Leveraged loan issuance is getting a lift from dividend deals as merger and acquisition activity remains sluggish after processes were paused earlier this year when the US proposed a slew of new tariffs.
First Brands Group, a global aftermarket auto parts supplier, has paused its roughly US$6bn refinancing after investors requested more clarity around its earnings, according to two people familiar with the matter.
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