Data center ABS issuers in the US are pitching amortizing senior notes to combat waning investor demand for the asset class, as buyers prepare to be flushed with $25bn of paper this year. Recent deals ...

“The current headlines are interesting to observe, as they are not being driven by fundamentals,” said Mark Jochims, head of ...

Private equity could get stuck in software companies as their business models crumble. Even exits at unambitious prices might ...

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 ...

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 ...

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 ...

In the nine weeks before the war, senior corporate NIPs averaged just 0.5bp, while hybrids were priced at an average of 2.9bp inside fair value. Akzo Nobel this week paid the highest corporate ...

European credit markets, and particularly primary bank financing, may have just received an olive branch from the European Central Bank that could help deals get over the finish line in a worsening ...

Vincorion, the German manufacturer of power systems for defence and advanced aeronautic applications, received demand from both institutional and retail investors in its oversubscribed IPO this week.

The ECB was far less hawkish than the Bank of England several hours earlier, but its stance still suggested that “it has effectively moved towards a tightening bias,” said ABN Amro in a research ...