Kenya started pricing its latest dollar bond issuance on Thursday about 37.5bp-50bp back of its curve, according to emerging markets bankers, a day after fellow African sovereign Ivory Coast printed a ...
KKR has priced its €404.3m Avoca CLO XXXV transaction. It is its first new issue European CLO this year. Arranged by Mizuho, the transaction consists of seven tranches of notes from ‘A-1’ to ‘F’, as ...
No one should pretend that loans with no credit checks backed by an unregulated cryptocurrency are plain vanilla assets that can be securitized into triple-A notes. Plenty of horrible things have ...
“Our primary model for rating US RMBS currently applies to [government-sponsored enterprise] and private label first lien loans during or after 2009,” said Karandeep Bains, associate managing director ...
The issuer of the first securitization of loans secured on Bitcoin has shrugged off a bear market for the cryptocurrency to ...
Two steps to terms debated ◆ Priced flat to fair value or even with negative concession ◆ Investors split on long-dated holdco supply ...
Norwegian bank increases size ◆ Issuer meets spread objective ◆ Banker said he drew confidence from secondaries ...
Deal attracts highest bid-to-cover ratio of the year so far ◆ Extensive marketing helps fuel demand ◆ Pinpointing fair value tricky ...
Italian bank landed price and size with latest offering ◆ Deal was second Italian covered bond of 2026 ◆ Banker said trade had ‘good momentum from beginning’ ...
Fincantieri, the Italian shipbuilder, launched a €500m follow-on raise on Wednesday afternoon. Jefferies, BNP Paribas, Mediobanca are global coordinators on the deal. The firm is offering up to 32.6m ...
Lower Saxony ventured into the eight year part of the curve and priced €1bn of 2.75% February 2034 bonds. “They’re one of the more frequent German Länder and were quite clear that they wanted to ...
First Reverse Yankee hybrid of 2026 ◆ €7bn peak book for euro tranche ◆ US issuers increase European market presence ...