The Republic of Italy is weighing up plans to issue its first US dollar bond in nearly a decade, after investors gave the sovereign a big vote of confidence in the euro market last week when they lapped up its first publicly syndicated deal in the single currency for a year.
Santander’s attempt to poach star UBS investment bank chief Andrea Orcel to be its next CEO ended in farce last week when the Spanish bank balked at paying €50m to buy out share awards he was due.
The Shanghai Stock Exchange’s eagerly awaited technology-focused board may be off-limits to China’s biggest overseas-listed technology companies.
The shotgun marriage might be off. Berlin’s favoured solution to the problem child that is Deutsche Bank – a merger with smaller rival Commerzbank – has been dealt a heavy blow, after European regulators indicated they would disapprove of the union and appealed for a better suitor.
PG&E skipped an interest payment on one of its bonds on Tuesday after the struggling California utility said it planned to file for Chapter 11 bankruptcy before the end of the month.
New Fortress Energy is not letting a measly US government shutdown - and the resulting partial closure of the SEC - stop it from taking its US$421.8m Nasdaq IPO on the road.
The chorus of warnings about leveraged loans as a potential threat to financial stability grew louder after the Bank of England expressed concern again that the market might be heading for trouble.
Anheuser-Busch InBev’s US$15.5bn bond offering is likely to be the first of a string of refinancings from Triple B rated companies looking to tackle near-term debt maturities after gorging on debt to fund acquisitions.
After an absence of several years, international issuers are returning to Hong Kong’s IPO market, with at least three non-Chinese companies preparing to raise a combined US$5bn.
The credit outlook for debt-laden payment processing firm First Data brightened on Wednesday on news it will merge with larger rival Fiserv, which carries investment-grade ratings.
Energizer Holdings approached its equity raising with a view that its stock is undervalued and underappreciated.