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Category: Software and Hi-Tech

EU leaps rule of law hurdle; proceeds with recovery fund

Hungary and Poland will not veto the EU’s budget, ending the threat to the bloc’s €750bn coronavirus recovery fund, after the parties agreed to a compromise at Thursday’s European Summit.

France and Belgium announce 2021 funding

France and Belgium announced borrowing programmes for 2021 this week. France is aiming for the same amount as this year, while Belgium is paring back its needs.

Rich investors set to double ESG investing by 2025, Barclays survey suggests

Some investors with a net worth of more than $876m think socially conscious investing leads to better returns

UK’s richest to offload billions in assets to avoid Covid-19 tax hikes

London's super-rich are particularly worried that inheritance and capital-gains taxes may be hiked to repair the UK's coronavirus-battered finances

Convertible bankers bullish after stellar 2020

Corporate issuers have been turning to the convertible bond market in 2020 to repair balance sheets damaged by Covid-19 and to take advantage of growth opportunities the pandemic presents, spurring issuance to its highest levels

Venture capital struggles to boost funding for start-ups with women founders

Some progress has been made at young companies, but a surge of giant late-stage funding deals largely left female entrepreneurs on the sidelines

IK Investment Partners in exclusive talks with Ardian to buy Kersia

If concluded, the acquisition of the French biosecurity and food safety company will be the first of IK’s latest €2.85bn fund

Qiagen refinances 2021 convert with new $500m bond

Qiagen, the Dutch diagnostics company, has launched the sale of a new convertible bond to refinance the unwinding of an older bond, set to mature in 2021.

Montenegro takes advantage of credit conditions, as EM sees 'no point in waiting'

Southeastern Europe's Montenegro sold a euro bond on Wednesday which bankers say, especially because of its timing, is simply another sign of emerging market issuers being enticed by the strong credit conditions on offer.

Private equity outperforms equities over long-term, study claims

European buyouts delivered an IRR of 15%, beating MSCI Europe index return of 5.84%

LBBW beefs up Asian presence

LBBW has hired Buck Khim Sim to join it primary markets team as part of its strategy to build up its presence in Asia.

LBBW beefs up Asian presence

LBBW has hired Buck Khim Sim to join it primary markets team as part of its strategy to build up its presence in Asia.

People news in brief: December 10, 2020

Lamberg heads to Taipei – Credit Suisse builds up China team – JPM hires from UBS

People news in brief: December 10, 2020

Lamberg heads to Taipei – Credit Suisse builds up China team – JPM hires from UBS

France looks to long end for hefty funding programme

France has lined up its 2021 funding programme, looking to sell some long end syndications and to return to the green bond market for its sophomore outing in the format.

Insights from the BVCA summit: PE open for business

Market participants gathered virtually to discuss trends in the private markets space for the British Venture Capital Association (BVCA) summit on 7-8 October 2020.

GlobalCapital China Awards 2020 open for submissions

GlobalCapital China is pleased to invite you to participate in our 2020 annual awards.

UOB turns to Aussie dollars for latest bond

Singapore’s United Overseas Bank issue a A$500m ($362.2m) bond in Australia on Friday, as a lack of financial paper in the market drove investor demand.

The week in review: Beijing vows to reduce financial crime, Shenzhen eyes more foreign capital, StanChart applies for securities licence

In this round-up, China wants to improve the quality of domestic listed firms to cut down financial crime, Shenzhen opens the door for increased foreign inflows for the next five years, and Standard Chartered applies

SEWA woos banks for $250m loan

Sharjah Electricity & Water Authority (SEWA), a state-owned firm in the United Arab Emirates, is making a rare appearance in the Asian syndicated loan market with a $250m borrowing.

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