IFR - 07.07.2018

People &Markets Equity-linked bond deals hit 10-year high Global equity-linked bond offerings hit 53BNûINûTHEûlRSTûSIXû ...

“We felt the timing was ripe for us to return to the market” EXPORT-IMPORT BANK OF KOREA CHAIRMAN AND PRESIDENT SUNG-SOO EUN, P1 ...

People &Markets Credit Suisse settles princeling probe CREDIT SUISSEûAGREEDûTOûPAYûABOUTû53MûTOû settle US bribery probes ...

“IFRS9 is the single biggest driver of sales of unlikely-to-pay loans” ALVAREZ & MARSAL’S HARISH KUMAR ON ITALIAN LOAN SALES ...

„ FRONT STORY EUROPEAN CORPORATES Downgrade risk for Triple Bs Eurozone recession could lead to billions of euros of downgrades ...

Euros are king as basis moves against dollars ADB and BNG issue in single currency Two issuers turned to the euro market on 7EDN ...

SSAR EUROS NRW PASSES ULTRA LONG TEST Duration proved a happy hunting ground for two SSA issuers on Wednesday, with Land NRW in ...

h4HEYûAREûlNANCINGûHOUSINGû infrastructure projects,” said the second banker. “The average life of the portfolio is around 15 to ...

KFW RAISES FUNDING TARGET KFW has raised its funding needs for the year by €5bn to an overall target of €75bn-€80bn. This follow ...

STERLING CABLE FORMS THE BASIS OF QUEBEC STERLING BOND A week after PROVINCE OF QUEBEC took advantage of a move in the euro/doll ...

The AOFM last visited the syndicated market on May 15 with a A$1.7bn tap of its 3.25% June 21 2039s. On January 15 the AOFM drew ...

DEMANDûFORûTHEûlVE YEARûEUROûõBNûTHANû for the eight-year sterling, which garnered £450m of orders. Still, there was some ...

“The market is okay and you certainly can do a deal as long as you pay the right level of new issue premium,” said a lead banker ...

the covered bonds we’ve had,” said the banker. h4HERESûDElNITELYûAûFEWûMANDATESûBEINGû held back by syndicates in the corporate ...

Borrowers have largely steered clear of the subordinated sector given the volatile backdrop, but P&V was one of two sub- ben ...

QUALIFYINGûLIQUIDITYûSOURCES ûENABLINGûITûTOû handle stress scenarios. It plans to issue up to €2.5bn of debt in 2018 via pu ...

UBS and Commerzbank were joint lead managers with Barclays as joint lead no books. YEN BPCE RIDES STRONG DEMAND FOR SNP BONDS BP ...

“Added to the fact that the market has repriced, that is helping demand for these deals. SSA names continue to trade tight where ...

BONDS COVERED BONDS seem to be on the cards; it’s certainly nothing that was discussed in the bond roadshow,” said an investor. ...

wide of IPTs but getting better traction at the Triple B and Double B levels. The deal securitises a single loan from Morgan Sta ...