Private equity could get stuck in software companies as their business models crumble. Even exits at unambitious prices might ...
Attacks on vital energy infrastructure in the Middle East this week have prompted another sell-off in the dollar bonds of ...
The market remains in a cautious mood but it is easy to forget it has been a strong year. “Year-to-date euro benchmark net ...
Better cost and less execution risk convince issuer to stay in euros, but at least one dollar benchmark to come this year ...
Credibly focuses on small and medium-sized businesses with an average of at least $10,000 of monthly revenue in the most recent three months when they make a funding request, and at least six months ...
The AT1 came with a reset spread of 255bp over Sofr — the third tightest of all time by a foreign bank referencin Sofr. This reset spread became possible as Treasury yields moved higher. "The market ...
The standard justification for the euro's halt is energy dependency. Europe imports oil and gas from the Middle East. The US does not. So when Middle Eastern energy supply is compromised, the argument ...
One ABS investor said the EdgeConneX master trust could possibly look more like a whole business securitization, a form of securitization used in the US but rare in Europe, which is structured to have ...
New issue concessions have crept up into the high single digits over recent weeks as issuers have prioritised execution in choppy markets. Novartis paid a new issue concession of 3bp at the short end ...
Market participants appear to be relaxed about the prospect of covered bond spreads increasing after a report suggested ...
Pepper had a very successful outcome with its second lien RMBS that it priced on Wednesday. The £304m senior notes for ...
Peruvian state-owned mortgage lender Fondo Mivivienda is lining up to issue a dollar bond this week. If it goes ahead, the ...