Eurobank could be the next Greek lender in line to return to the capital markets after a well-received covered bond issue from National Bank of Greece, seen as a first step towards achieving sustainable capital markets funding for the country’s banking system.
The first public international bond issue from a Qatari entity since Saudi Arabia and its allies cut diplomatic ties with their Gulf neighbour edged closer last week after Qatar International Islamic Bank readied a US$2bn programme.
German vehicle maker BMW has breathed life into the offshore renminbi sector with the first public Dim Sum bonds from a multinational corporate in more than two years.
The UK government faces a dilemma over whether to proceed with a landmark sale of £4.1bn of student loans, the first in a series of transactions it hopes will raise £12bn for the exchequer over the next four years.
Sea, a Singapore-based gaming and e-commerce company, is pitching its US IPO at a smaller than expected US$596m–$696m to overcome the lack of familiarity of US investors with South-East Asian issuers - and its own weak financials.
Novo Banco is planning to raise €400m of Tier 2 capital in the market, which would be its first bond issue since a rescue package was agreed earlier this year.
HelloFresh’s IPO barely got going in late 2015 with the meal kit company quietly shelving the float after pre-marketing showed the €2.6bn valuation achieved on the previous funding round was pie in the sky.
The ECB has scheduled a round of meetings with banks to explain its guidance on leveraged transactions which is due to be implemented on November 16.
Any incoming regime in Venezuela replacing the current president, Nicolas Maduro, will have to consider how to gain temporary relief from paying its creditors without giving them legal grounds to accelerate their outstanding debts, according to legal experts.
Micron Technology surprised investors with an upsized US$1.2bn stock sale that strengthens the memory chipmaker’s balance sheet and preserves offshore cash should long-awaited US tax reforms put in place a repatriation holiday.