The Spanish banking sector's road to recovery has reached a new milestone so far in 2015, with corporate loan activity reaching its highest year-to-date (y-t-d) level since the onset of the global...
Chinese equity capital market (ECM) activity is on the charge in 2015. According to Dealogic data, Chinese ECM issuance reached a level of USD34.5bn via 171 deals in Q115, up from a tally of USD26....
Rights issues have been in a weaker position than accelerated offerings in Europe so far this year, but following Spanish telecommunications giant Telefonica's bumper cash call we may well see the market for such deals begin to thaw out once more. In addition, we believe that boardrooms are starting to see rights deals as growth financing initiatives rather than just an avenue by firms to raise...
The Middle East corporate loan market is hitting new issuance highs thanks to last month's issuance of the largest facility the region has ever seen. On March 30, state-owned firm Saudi Aramco, the...
The European Central Bank's (ECB) bond repurchasing programme is proving to be a boon for the corporate Eurobond market; and various overseas players are eager for a share of the rewards on offer. ...
The first quarter of 2015 was slow out of the blocks in terms of initial public offering (IPO) activity in the US. Indeed, the arena for new listings in Q115 recorded its slowest three-month period for activity by deal volume since the third quarter of 2011 (14 quarters ago), and the slowest period by deal value since Q113 (eight quarters ago) after volatile currency markets and a glut of...
Sovereign Wealth Funds (SWFs), which are state-backed investment vehicles frequently funded by the energy industry, have brushed off the sharp decline in oil prices and have continued to see their...
Hong Kong returns to the top of the global initial public offering (IPO) rankings; and thanks to China's bull equities market, chances are that it will compete at the top in terms of new listings...
With local companies carrying a range of ratings and shunning loans in favour of debt, the UK high yield bond market is setting records in 2015. According to data provider Dealogic, UK junk bond...
As we close the first quarter and move into Q215, the global private equity (PE) arena is characterised by three key trends. Firstly, the buyout market is performing at peak levels; secondly, a record number of funds are searching for capital; and thirdly, fund closes are slowing to record low levels so far in 2015.