Finland drops Moody’s from solicited credit ratings
Finland has cut the number of its solicited credit ratings from three to two after removing Moody’s, leaving the sovereign with scores from Fitch and S&P Global.
Finland has cut the number of its solicited credit ratings from three to two after removing Moody’s, leaving the sovereign with scores from Fitch and S&P Global.
The European Leveraged Finance Association, a trade body of investors, has slammed terms in the $1bn buyout bond for Ancestry.com which cap investor voting rights, hoping to stop the new feature in its tracks and
ECB is the latest major central bank to announce action to tackle the economic toll from the coronavirus
The European Commission is considering a way to proceed with its €750bn coronavirus recovery fund that will exclude Hungary and Poland. The two countries have stood firm in their opposition over the idea that receipt
The largest amount last year was raised by German bus service FlixMobility, which completed a €500m round
Secondary asset buyers and intermediaries see valuation uncertainty complicating deal pricing
Government debt management offices are facing a new experience: bond investors enquiring about their countries’ environmental, social and governance attributes.
The UK's national infrastructure bank set to be launched by the government could focus on a range of green investment opportunities, including setting up a scheme like the US's Property Assessed Clean Energy (PACE) model.
Chris Schelling, who set up pension system’s private equity portfolio, is joining Windmuehle Funds
Firm suspends withdrawals, saying turbulence caused by the pandemic has made it difficult to raise cash to fulfill those requests by selling holdings
Smartphone maker Xiaomi Corp pocketed $3.96bn this week from a record top-up placement and concurrent convertible bond issue. Investors flocked to the transaction for its rarity value, investment grade rating and the offer of a
In Hong Kong, it seems it only takes one septuagenarian ballroom dancer to cause a massive spike in coronavirus cases. But funding officials can be almost as dangerous.
Germany’s Volkswagen ended an absence of almost seven years from the offshore renminbi bond market this week, braving a year-end dip in liquidity to seal a Rmb1bn ($153m) deal. It offered yet another diversification opportunity
A possible delay to the final retirement of Libor as the benchmark lending rate on dollar loans is set to offer banks and borrowers a bit more breathing room to make the transition. But in
Thai express delivery company Kerry Express launched its IPO this week, aiming to raise up to Bt8.4bn ($278.2m) in proceeds.
The Republic of the Philippines sold its largest international bond in more than a decade this week, raising $2.75bn from a deal that received strong support from investors confident about the country’s control of Covid,
Chinese state-owned electricity company China Huaneng Group Co sold two tranches of perpetual bonds on Wednesday, raising $1bn.
Investors took a long-term view on Hong Kong Airport Authority’s $1.5bn perpetual bond on Tuesday, shrugging off any Covid-19 related travel concerns to place $14.5bn of orders. Morgan Davis reports.
Hong Kong property company New World Development Co used a fixed-for-life perpetual structure to net $700m on Wednesday.
Working as a generalist in the tech space, Gaia invests in “stellar” companies with annual revenues of around €10m
