Top Stories
View all Top Stories action menu icon
Top Stories Promo Image

Talanx puts insurance supply back on menu

Investors warmly welcomed a rare insurance company senior bond issuance from Talanx on Tuesday, with the €500m seven-year note ending up four times subscribed, as FIG issuers signed off a turbulent first quarter of 2026 with a late salvo of deals. 

BON ESG

Erste follows ING blueprint for covered bond return

Erste Group Bank joined the swarm of FIG issuers that tapped the euro market on Tuesday against a market backdrop that exhibited signs of sturdiness, drawing close to twofold demand for a generously priced €1bn five-year mortgage-backed Pfandbrief – its first covered bond since May 2025.

BON
Top Stories Promo Image

Disrupted March supply builds May expectations

FIG and corporate euro bond bankers expect to see busy months ahead in April and May following the disruption to supply in March from the Iran war and the volatile rates backdrop.

BON

KfW cements position as leading green issuer

Germany's KfW, one of the world's largest green bond issuers, printed €14bn of green bonds in 2025 in its 11th year of operation and expanded its range of issuing currencies. 

LOA BON ESG P&M

Sealed Air widens pricing on US$7bn-plus LBO funding

Packaging company Sealed Air widened pricing on Monday on an over US$7bn debt sale across dollars and euros to back its takeover by private equity firm CD&R as investors continue to express concerns about the sponsor and potential cost hikes due to the Iran war.

LOA BON
Rupak Ghose

Private credit mishaps are coming at us with such speed and intensity that many of the stories are blurring into one. But rather than the private credit crisis dragging banks down, it might give them an opportunity to play offensively in this space.

P&M OPINION
Top Stories By Asset Article Promo
Punch-drunk bond investors drive wild market swings

Spare a thought for the bond traders. 

P&M BON
Top Stories By Asset Article Promo
Volatility pushes zero-day S&P 500 volumes to new record

Volumes in equity options that expire the same day they’re traded have hit a new record this month as more institutional investors have turned to the ultra-short-dated derivatives to shield themselves against the market fallout from the war in Iran.

P&M EQY
Moves – StanChart hires Matthiessen to lead CIB transactions and digital assets team

Standard Chartered has hired Ole Matthiessen from Deutsche Bank to lead a new global transaction services and digital assets team in its corporate and investment bank. 

P&M
Moves – BofA sets up private capital M&A team

Bank of America has set up a private capital M&A group within its global mergers and acquisitions business to provide "differentiated and tailored advice" to its private equity clients. 

P&M EQY
Ciao CAIO: banks appoint AI chiefs as use ramps up

HSBC has appointed its first chief AI officer, tasked with leading artificial intelligence adoption across the firm, to join a small group of banks to appoint a specific AI leader as the industry ramps up use with the twin goal of creating efficiencies and getting an edge.

P&M RATE
Top Stories By Asset Article Promo
Erste follows ING blueprint for covered bond return

Erste Group Bank joined the swarm of FIG issuers that tapped the euro market on Tuesday against a market backdrop that exhibited signs of sturdiness, drawing close to twofold demand for a generously priced €1bn five-year mortgage-backed Pfandbrief – its first covered bond since May 2025.

BON
Top Stories By Asset Article Promo
Talanx puts insurance supply back on menu

Investors warmly welcomed a rare insurance company senior bond issuance from Talanx on Tuesday, with the €500m seven-year note ending up four times subscribed, as FIG issuers signed off a turbulent first quarter of 2026 with a late salvo of deals. 

BON ESG
Top Stories By Asset Article Promo
Sealed Air widens pricing on US$7bn-plus LBO funding

Packaging company Sealed Air widened pricing on Monday on an over US$7bn debt sale across dollars and euros to back its takeover by private equity firm CD&R as investors continue to express concerns about the sponsor and potential cost hikes due to the Iran war.

LOA BON
Disrupted March supply builds May expectations

FIG and corporate euro bond bankers expect to see busy months ahead in April and May following the disruption to supply in March from the Iran war and the volatile rates backdrop.

BON
Eurofima dips toe into euro long end

Eurofima is sounding out the strength of the bid for a possible 20-year euro green bond, which would mark the first non-sovereign public sector issuer to venture that far out the curve since the outbreak of the Iran war, IFR data show.

BON ESG
Top Stories By Asset Article Promo
CMBS refinancing for Brookfield-backed malls halted

A Brookfield venture decided to halt the sale of a US$250m property bond as market volatility stemming from the Iran war has made issuance more difficult, a person familiar with the offering said on Monday.

SEC
Tricky execution sees EdgeConneX's debut CMBS hit by downgrade

EdgeConneX has become a casualty of the recent volatility in the European securitisation market after Fitch downgraded the class A2 notes of the US data centre operator's debut European deal just a week after it priced. 

SEC
Top Stories By Asset Article Promo
Aussie nonbanks adapt to RMBS volatility

Nonbank issuers in Australia have been navigating a challenging RMBS market with long execution times that leave them particularly vulnerable during the current heightened volatility.   

BON SEC
Top Stories By Asset Article Promo
Can data centre ABS fill Asia’s funding gap?

Securitisation offers a promising route to fill an over US$100bn funding gap to build data centres in the Asia Pacific, but this solution is still a while away, according to market participants

P&M BON SEC LOA
Liquidity is key as Together opts for size

How do you get a £500m-plus deal done when the Middle East war is making investors skittish and making it more difficult to sell larger transactions? Together Financial Services went the time-worn way with its latest RMBS transaction: in essence, after building a book behind closed doors, it hiked the spread slightly. 

SEC
Top Stories ESG
View all Top Stories action menu icon
Top Stories By Asset Article Promo
KfW cements position as leading green issuer

Germany's KfW, one of the world's largest green bond issuers, printed €14bn of green bonds in 2025 in its 11th year of operation and expanded its range of issuing currencies. 

LOA BON ESG P&M
Top Stories By Asset Article Promo
Mexico looks to new ESG bond labels

Mexico has set a new benchmark for sovereign sustainable finance with an updated framework that accommodates an unprecedented array of ESG labels – including badges like biodiversity, nature and resilience/adaptation – while also integrating the country’s sustainable taxonomy.

ESG BON
UK's TFC publishes transition finance guidelines

The UK's influential Transition Finance Council has published an exposure draft of its Transition Finance Guidelines, which are designed to assess the credibility of companies' transition plans and scale up transition financing globally. 

P&M ESG LOA BON
European companies' climate adaptation plans at 'nascent' stage

More European companies have adaptation and resilience plans in place than their global peers but progress is at a very early stage and none of the plans are advanced, according to research by S&P. 

ESG LOA BON P&M
Eurazeo's Planetary Boundaries fund continues fundraising

French private debt and equity firm Eurazeo's Planetary Boundaries fund has secured more than half of its €750m target, which it intends to keep in place as fundraising continues. 

ESG P&M LOA
Service Properties seeks US$500m equity lifeline amid restructuring

Service Properties Trust shares tumbled on Tuesday after the hotel-to-net-lease REIT launched a one-day marketing effort for a US$500m follow-on offering aimed at taking a significant bite out of its sizeable debt load.

EQY
Kailera advances toward US IPO after US$500m private raise

Kailera Therapeutics has publicly filed for a Nasdaq IPO to help fund a global Phase III trial of a next‑generation GLP‑1 weight‑loss drug it licensed from China‑based partner Jiangsu Hengrui Pharmaceuticals (Hengrui).

EQY
Fasadgruppen wraps up rights issue

Stockholm-listed Fasadgruppen saw takeup of 95.3% for its SKr504m (US$53m) rights issue.

EQY
Yesway revives Nasdaq listing plan

Yesway has revived its long-delayed Nasdaq IPO by publicly filing documents for what is expected to be a US$300m-plus offering.

EQY
Alamar to test medtech investors with Nasdaq IPO

Alamar Biosciences filed for a Nasdaq IPO on Friday to support sales of its fast-growing protein analysis platform, moving toward the public markets just months after closing a late-stage private round. 

EQY
McCormick backs Unilever Foods combination with bridge loan

Spice maker McCormick has commitments for a US$15.7bn bridge loan in place to support its approximately US$44.8bn combination with the foods business of Unilever. 

LOA
CoreWeave takes US$8.5bn DDTL

AI infrastructure firm CoreWeave has signed an up to US$8.5bn delayed draw term loan that is to primarily be used to finance capital expenditure, including the acquisition of GPU servers and related infrastructure. 

LOA
UPDATE 1-Sysco lines up US$22bn bridge loan for Restaurant Depot buy

(Recasts headline and first three paragraphs, adds bridge loan details)

LOA
APAC G3 lending slumps to five-year low

Syndicated lending in G3 currencies in Asia Pacific (ex-Japan) plunged to a five-year low in the first three months of 2026, posting the lowest quarterly tally since the coronavirus pandemic as the month-long conflict in the Middle East weighed heavily on global financial markets.  

LOA
Top Stories By Asset Article Promo
Sealed Air widens pricing on US$7bn-plus LBO funding

Packaging company Sealed Air widened pricing on Monday on an over US$7bn debt sale across dollars and euros to back its takeover by private equity firm CD&R as investors continue to express concerns about the sponsor and potential cost hikes due to the Iran war.

LOA BON
Top Stories By Asset Article Promo
Strategy squared: multiple channels, same exposure

It is unusual for a listed company to buy income-bearing securities of a peer as a treasury decision. In orthodox corporate finance, surplus capital is meant to do one of three things: fund projects that clear the hurdle rate, preserve liquidity, or be returned to shareholders. It is not normally redeployed into another company exposed to much the same trade, especially at a lower yield than the investing company pays on its own stock.

OPINION
Top Stories By Asset Article Promo
Banks should go on the front foot as private credit crisis plays out

Private credit mishaps are coming at us with such speed and intensity that many of the stories are blurring into one. But rather than the private credit crisis dragging banks down, it might give them an opportunity to play offensively in this space.

P&M OPINION
Top Stories By Asset Article Promo
Goeasy shows that it’s still too easy to hide a credit loss

The easiest way to hide a credit loss is not to deny it. It is to say it has not yet arrived. That was one of the quiet accounting failures exposed by the global financial crisis: losses were often recognised too late, only after the damage was obvious. IFRS 9 was supposed to fix that by forcing lenders to book expected credit losses earlier, using forward-looking judgment rather than waiting for the wreckage.

OPINION
Top Stories By Asset Article Promo
Farr on PR: Rough and tumble in the PR jungle

I played rugby as a schoolboy. I wasn’t too bad, playing for East Yorkshire a few times at under-16 level. My position was scrum-half, which meant I had a lot of the ball. And being in the thick of things, one soon learns to be nimble and quick-thinking to avoid being crushed by rampaging forwards.

OPINION
Top Stories By Asset Article Promo
A slowdown in dealmaking isn’t the only risk for banks from the Middle East conflict

Investment banks continue to expect strong first-quarter revenues. On Tuesday, Citigroup guided to mid-teens year-on-year growth in investment banking and markets revenues, and Bank of America guided to double-digit growth for both business lines. A few weeks ago, JP Morgan provided a similar upbeat message.

P&M OPINION