Latest articles from Issuers

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

Slovenia looks before it leaps

March 31, 2010

Slovenia tracked the market's reaction to Greece's 10-year bond release in early March before moving quickly into action with its second bond issue of the year. Writer Edward Russell-Walling

Tullow takes the fast route to Africa

March 3, 2010

Active in 23 countries, the UK’s Tullow Oil is now targeting the African market, a policy which took a huge leap  forward in January with its $1.5bn purchase of Heritage Oil’s Ugandan assets, the funds for which were raised by an accelerated bookbuild that was completed in just over a week.

Canada's rare euro excursion pays off

February 1, 2010

Canada, rarely observed in the international bond markets, sparked intense interest at the beginning of the year with its debut euro-denominated 10-year bond issue. Will there be more sightings to come, or is this just a one-time foray? Writer Edward Russell-Walling

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