Latest articles from Issuers


Merck’s three-stage launch takes off

Merck’s acquisition of fellow pharmaceuticals group Sigma-Aldrich required a great deal of forward planning and the nerve to be the first transaction after the summer break without a roadshow.


KFW opens up UK green bonds market

German bank KfW's transparency and impact-measurement programme when it comes to green bonds have set it apart in the euro, US dollar and Australian dollar markets. Given this success, it extended its remit to the quieter sterling market in July, with impressive results.

Banca Monte Dei Paschi di Siena

Banca Monte dei Paschi di Siena raises capital in a hurry

Banca Monte dei Paschi di Siena found itself in a tight spot when forced to issue extra capital after poor stress test results, but a strenuous roadshow and a heavy discount for existing shareholders saw the lender's hard work pay off.

Germany takes bold step into inflation market

The German government chose a period of heightened eurozone bond volatility to issue its first 30-year inflation-linked bund, but exceeded expectations in what was an unfamiliar market.

Oxford college learns new tricks

Oxford college breaks new ground with bond issuance

University College, one of oldest colleges at Oxford University, has taken advantage of the near-zero rate environment to issue the lowest-yielding university bond ever recorded.

Niale Kaba

Côte d’Ivoire wins investors by taking the long view

A loyal investor base welcomed the long-dated bond with three equal maturities that helped smooth the Côte d’Ivoire sovereign's refinancing profile.

Jaguar leaps on chance to refinance bonds

Jaguar leaps on chance to refinance bonds

With an improved credit rating and strong demand for high-yield bonds, the time was right for Anglo-Indian car manufacturer Jaguar Land Rover to drive through a tender offer to replace expensive debt.

Philippe Mathieu

Quantitative easing helps Statoil break Scandinavian records

An innovative four-tranche bond for Norway's oil company Statoil set the standard for size and pricing thanks to supportive monetary policy conditions, even with lower oil prices.

Belgian benchmark reaffirms core eurozone status

Belgian benchmark reaffirms core eurozone status

Launching the first eurozone sovereign benchmark bond of 2015 with a record low yield confirmed that Belgium has overcome the anxious investor perceptions at the height of the 2011 crisis.

Hybrid drives Volvo to a steadier credit profile

Hybrid drives Volvo to a steadier credit profile

With credit ratings on negative outlook, Swedish car manufacturer Volvo chose a hybrid issue to smooth the road ahead.

We use cookies to improve site performance and enhance your user experience. If you’d like to disable cookies on this device, please see our cookie management page. If you close this message or continue to use the site, you consent to our use of cookies on this device in accordance with our cookie policy, unless you disable them.