Argentina has a less than stellar reputation when it comes to economic stability, but a significant ruling in a New York courtroom opened the way for a bond issue that defied expectations in both speed and yield. Offering a guiding hand on the deal was JPMorgan.
Latest articles from Edward Russell-Walling
Greece’s privatisation programme thaws into life
May 2, 2016The momentum behind Greece’s privatisation programme appears to be thawing as it tries to persuade its bailout creditors it is serious about selling off €50bn-worth of state assets.
BNP Paribas helps AB InBev kick-start 2016
May 2, 2016The bond market endured a miserable start to 2016, with January dead and February not much better. However, things sparked into life with the record-breaking Anheuser-Busch InBev euro-denominated bond. Edward Russell-Walling speaks to the BNP Paribas team that helped bring the deal to fruition.
Ukraine deals warrants VRI first for PJT Partners
April 1, 2016Negotiating through dangerous territory in the restructuring of Ukrainian sovereign debt, PJT Partners' EMEA restructuring team opted to utilise a value recovery instrument in a novel way, to the satisfaction of parties on either side of the deal.
Morgan Stanley steers Clydesdale double sale
March 1, 2016Morgan Stanley, the sole sponsor for National Australia Bank's demerger and dual-listing of its UK subsidiary, Clydesdale and Yorkshire Bank, had to navigate a complex deal structure and a sharp sell-off in banking stocks.
The rise of the Dominican Republic
March 1, 2016The Dominican Republic has forged its international reputation around tourism, but its diverse economy is bringing in investment in sectors as varied as telecommunications and textiles, while the country's president is setting to work on educational standards. Key players from the Dominican Republic discuss the country's promise in a Leadership Series roundtable discussion that was sponsored by BanReservas and independently written by The Banker.
Towers Watson and Willis Group pull off a merger of equals
February 1, 2016The merger of HR consultancy Towers Watson and insurance broker Willis Group raised plenty of cross-border challenges for their legal advisers at Gibson, Dunn & Crutcher on both sides of the Atlantic. Edward Russell-Walling reports.
HSBC breaks new ground with onshore Chinese bond issuance
January 4, 2016The liberalisation of Chinese capital markets continues apace as HSBC becomes one of the first foreign banks to issue onshore bonds in China.
Standard Bank brings second Namibian bond to market
December 1, 2015Namibia has weathered the emerging markets storm to issue only the second-ever government bond, a deal that Standard Bank helped to arrange after acting as joint-bookrunner on the country's inaugural bond. Edward Russell-Walling reports.
Pakistan makes successful return to the bond market
November 2, 2015Political and economic instability have kept Pakistan out of the bond markets for the best part of the past decade. However, with the reform-minded Nawaz Sharif government instilling confidence in investors, Citi has helped to facilitate the country's return to the markets.