The UK’s largest energy utility, National Grid Gas, tentatively reopened the sterling corporate bond market earlier this year, in the face of unfavourable conditions. Edward Russell-Walling reports.
Latest articles from Issuers
Belgium stands out in syndication style
March 4, 2008Edward Russell-Walling reports on how Belgium kept its nerve despite increasing market instability.
Unlikely timing pays off for SEB
February 4, 2008Edward Russell-Walling reports on how SEB managed to sell €500m of hybrid capital securities in the midst of a market low-point.
Ghana shows pioneering spirit
December 1, 2007Ghana’s $750m 10-year Eurobond issue is another in a series of firsts from the republic and observers are hoping it heralds the blooming of Africa’s capital markets. Edward Russell-Walling reports.
RBS makes history
November 5, 2007Funding for RBS’ share of the ABN AMRO takeover has been secured with the largest ever Tier 1 capital securities issue. RBS director of capital management Ron Huggett talks to Edward Russell Walling.
NIB excites feeding frenzy
October 1, 2007Nordic Investment Bank is demonstrating that it is a quality AAA name with its search for funding diversity leading it to success in international pastures, and hungry bankers knocking on its door begging for short-term paper. Edward Russell-Walling reports.
Enel goes to bond market
August 1, 2007Italy’s Enel is set to become a bond market regular, following its successful bid for Spain’s Endesa. Finance chief Claudio Machetti talks to Edward Russell-Walling about its latest corporate issue.
Tight funding levels, higher volumes
July 4, 2007A $3bn global bond, a €5bn benchmark deal – and the year is barely half started. Edward Russell-Walling reports on KfW’s labours.
EIB grasps the green nettle
July 2, 2007The European Investment Bank aims to aid integration and development of EU member states, and has launched ‘climate awareness’ bonds as part of its strategy. Edward Russell-Walling talks to director-general Bertrand de Mazières.
Selling junk to hit gold
May 7, 2007When a merger fell through last autumn, mining company Freeport-McMoRan was undeterred. It has just bought a rival and issued the world’s biggest junk bond to pay for it. Edward Russell-Walling explains.