Latest articles from Issuers

Saila Miettinen-Lähde, Talvivaara’s chief financial officer

Convertible bond fuels Talvivaara expansion

February 14, 2011

A London-listed, Finland-based mining company, Talvivaara, needed additional funds to expand the size and scope of its operations. After considering all the options, a speedy convertible bond issue was seen as the way to do it. 

Gerassimos Thomas

The EU's first EFSM deal achieves record oversubscription

January 28, 2011

The European Commission issued its first European Financial Stabilisation Mechanism deal on January 5, achieving a record oversubscription for a supranational issue.

Xhentil Demiraj, debt director, Albanian Ministry of Finance

Albania times Eurobond debut to perfection

December 23, 2010

Despite its close proximity to crisis-hit Greece, Albania made its first foray into the Eurobond market last year. After agonising over when to issue the deal in such a volatile market, it would seem that the timing of the launch was just right. Writer Joanne Hart

Prime mover: Investec's use of the securitisation mortgage market has led to an appetite for a return in 2011

Investec takes first-mover advantage

December 8, 2010

Investec's brave move to launch a sterling bond transaction backed by subprime mortgages, a market that had been closed since 2007, appears to have paid off. Writer Joanne Hart

Petr Pavelek

Czechs fall back into favour

December 8, 2010

The launch of a €2bn, 10-year bond in late summer has stirred international interest in the Czech Republic. Writer Joanne Hart

Tactics for a new age

August 30, 2010

In an attempt to appease regulators, banks are issuing Tier 1 debt capital that converts into equity if a certain trigger point is reached. However, only the biggest names - and those least likely to need to convert debt to equity - will be able to attract investor support for such issuance. Writer Charlie Corbett

VTB swaps quantity for quality

July 28, 2010

Russia's second largest bank has grown its assets more than 30 times over the past 10 years, but its new chief financial officer explains that a more measured business strategy has altered the bank's wholesale funding priorities. Writer Philip Alexander

Nimble KfW tests euro demand

July 6, 2010

In the face of heightened debt market volatility in Europe and serious concerns over the long-term future of the euro, German development agency KfW found a window of opportunity to raise €5bn in a three-year deal. Writer Charlie Corbett

Unrated but not unloved

May 28, 2010

UK travel company Thomas Cook's inaugural visit to the debt capital markets proved a successful one. Its dual currency euro/sterling issue closed with impeccable timing, just before a Greek tragedy and a UK farce.

Dong taps starved sterling investors

May 5, 2010

Dong Energy took an opportunistic approach with its first sterling issue and found a hungry market, starved of issuance in 2010. Writer Charlie Corbett

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