Latest articles from Edward Russell Walling

MDM securitisation marks first of many

December 4, 2006

MDM’s auto loan securitisation issue, the largest ever out of Russia, was comfortably oversubscribed and more issues are in the offing, reinforcing the trend in the CIS region. Edward Russell-Walling reports.

Islamic business gathers speed

December 4, 2006

UBS’s Islamic finance team talk to Edward Russell-Walling about the new products they have been working on, including the world’s first sharia-compliant exchangeable sukuk for Khazanah Nasional and sharia-compliant and commodity-linked certificates.

Refinancing for the future

November 6, 2006

Acergy is in sparkling form. After rationalising its business, renaming itself and emerging from crisis it has been listed on Nasdaq. Edward Russell-Walling reports on how it is managing its debt with convertibles.

Well-oiled machine drives Kazakh deal

November 6, 2006

The sale of 40% of Kazakhstan state oil exploration and production company KazMunaiGas in a two-part offering was a roaring success, despite oil prices falling as the deal was going down. The Credit Suisse team responsible for “driving the execution” talk to Edward Russell-Walling.

JPMorgan reaps rewards of its success in Germany

October 2, 2006

JPMorgan recently followed up an IPO deal for German retailer Metro’s divestment of its DIY business, Praktiker, with an advisory role in the latter’s acquisition of a privately owned competitor. The team tell Edward Russell-Walling about their successive mandates.

ETF development is fired up by commodities interest

October 2, 2006

The number of exchange-traded vehicles is growing and more asset managers are entering the market. Growth has been extraordinary and more innovations can be expected in the future, reports Edward Russell-Walling.

Landsbanki’s dandy Yankees

October 2, 2006

When Landsbanki was criticised for its short-term financing risk, it decided to win back its reputation with two bond issues in the US. Edward Russell-Walling reports on an Icelandic success story.

Lehman’s winning formula secures chemicals takeover

August 7, 2006

Lehman Brothers’ homework enabled German chemicals giant BASF to walk off with US catalyst maker Engelhard for a mere 5% above its initial unsolicited offer. Edward Russell-Walling reports.

Rusal stays with debt issue

August 7, 2006

Although there is talk of Rusal floating, its finance chief Vladislav Soloviev tells Edward Russell-Walling the aluminium giant does not need to tap the capital markets just yet.

Finland keeps it simple

July 3, 2006

Edward Russell-Walling talks to Finland’s finance director Satu Huber about the rationale behind the country’s successful 5/11 strategy for issuing sovereign paper.

The Banker on Twitter