Latest articles from Edward Russell-Walling

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Property pays for Tesco

October 28, 2009

The Goldman Sachs team: Ben Green, Sarika Singh, Elena Paitra, Rob Ritchie (standing) Martin Wiwen-Nilsson

Since the Lehman collapse, selling commercial mortgage-backed securities has not been considered a worthwhile venture. It took some innovative thinking by Goldman Sachs, on behalf of UK supermarket chain Tesco, to prove otherwise. Writer Edward Russell-Walling

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Rethinking bankers' pay

October 5, 2009

The public clamour to cap bankers' bonuses is being acted upon with varying degrees of urgency and strictness by governments and regulators around the world. Writer Edward Russell-Walling

When breaking the rules pays off

September 2, 2009

Jean-Baptiste Pons, EADS head of corporate finance and treasury

It is unusual to issue bonds in August, when many investors are on holiday. However, when European aerospace corporation EADS issued paper worth €1bn last month, common logic was defied in style. Writer Edward Russell-Walling

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Dealing with danger

September 2, 2009

Left to right: Kapil Damani, Mark Gibson, Joshua Luks and Rishi Naik

Despite the bottom falling out of the catastrophe bond market in 2008, the team at BNP Paribas devised a novel way for reinsurer Hannover Re to re-enter the market, with impressive results. Writer Edward Russell-Walling

A roller-coaster ride to making history

August 4, 2009

On a high: Enel chief risk officer Claudio Machetti

The past 24 months have seen Italian energy provider Enel acquire Spanish counterpart Endesa, face threats of a credit downgrade from Standard & Poor's, and launch a successful €8bn rights issue, the largest ever by an Italian company. Writer Edward Russell-Walling

Building a solid structure

August 4, 2009

Left to right: Simon Parry-Wingfield and Ben Babcock

HeidelbergCement has successfully restructured the debt accumulated from its Hanson acquisition with the help of Morgan Stanley, who were tasked with Europe's largest-ever stressed refinancing exercise. Writer Edward Russell-Walling

Cable giant pulls in a big audience

July 7, 2009

The UK company formed from NTL, Telewest and Virgin has been busy in the corporate bond markets.

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Nomura breathes life into the equity markets

July 7, 2009

Life is returning to the equity-linked markets: Nomura, newly stocked with ex-Lehman staff, intends to make the most of it.

A warm reception for a rare foray

June 4, 2009

As a rare entrant to the senior markets, with a robust AA rating in its favour, Nordea's inaugural fixed-rate senior issue was a covetable success. Writer Edward Russell-Walling

Energy sapping

June 4, 2009

Merrill Lynch's orchestration of the EDF purchase of British Energy was one of the most complex and drawn-out deals of its kind ever undertaken. Writer Edward Russell-Walling

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