Corporate bond

MV Index Solutions GmbH Launches the ATAC Credit-On/Credit-Off Index

Monday, June 14, 2021 - 2:18pm

Today, MV Index Solutions GmbH (MVIS) launched the ATAC Credit-On/Credit-Off Index (ticker: JOJO) , an index designed to rotate in its exposure between long-term US treasuries and high yield corporate bonds using US-listed exchange traded funds (ETFs).

Key Points: 
  • Today, MV Index Solutions GmbH (MVIS) launched the ATAC Credit-On/Credit-Off Index (ticker: JOJO) , an index designed to rotate in its exposure between long-term US treasuries and high yield corporate bonds using US-listed exchange traded funds (ETFs).
  • We are pleased to utilize our sophisticated index construction capabilities to develop and launch the ATAC Credit-On/Credit-Off Index, said Steven Schoenfeld, CEO of MV Index Solutions.
  • The ATAC Credit-On/Credit-Off Index (ticker: JOJO) is calculated in USD as a price and a total return gross index.
  • Detailed information about the index, including methodology details and index data, are available on the MV Index Solutions website .

DGAP-News: FIVEN ASA: Successful placement of new bond

Thursday, June 10, 2021 - 5:04pm

Fiven ASA ("Fiven" or the "Company") announces today that the Company has successfully placed a sustainability-linked senior secured bond loan in an initial amount of EUR 70 million within a total framework of EUR 125 million.

Key Points: 
  • Fiven ASA ("Fiven" or the "Company") announces today that the Company has successfully placed a sustainability-linked senior secured bond loan in an initial amount of EUR 70 million within a total framework of EUR 125 million.
  • The bond has a tenor of three years and carries interest at an annual rate of 3 months EURIBOR plus 685 basis points.
  • Fiven intends to apply for listing of the bond on the Corporate Bond List of Nasdaq Stockholm.
  • The placement constitutes the first EUR-denominated sustainability-linked bond by a sponsor-backed issuer in the Nordic bond market and illustrates Fiven's strong commitment to reducing the environmental impact of its operations.

DGAP-News: Vonovia SE: Vonovia successfully issues unsecured corporate bonds totaling € 4 billion with an average coupon of 0.6875%

Thursday, June 10, 2021 - 7:00am

Bochum, 10 June 2021 - Vonovia SE has successfully placed 5 fixed-rate unsecured bonds totaling EUR 4 billion today.

Key Points: 
  • Bochum, 10 June 2021 - Vonovia SE has successfully placed 5 fixed-rate unsecured bonds totaling EUR 4 billion today.
  • Helene von Roeder, Chief Financial Officer at Vonovia, says: "The successful placement of the corporate bonds is an important signal from the capital market.
  • We are happy that investors see the merger with Deutsche Wohnen as strategically sensible for our company."
  • Attracting substantial demand of nearly 18 billion, the bonds were oversubscribed 4.5 times.

New Price Discovery And Automation Tools Increasingly Essential For Trading Corporate Bonds - New Burton-Taylor Report

Tuesday, June 8, 2021 - 1:30pm

MarketAxess continues to capture roughly 80%+ of electronically traded US credit for both Investment Grade and High Yield markets.

Key Points: 
  • MarketAxess continues to capture roughly 80%+ of electronically traded US credit for both Investment Grade and High Yield markets.
  • Tradeweb's platform is the second most successful in terms of market share and has maintained growth in total TRACE market share over the past several years.
  • The U.S. Corporate Bond Electronification & Market Data Introduction report analyzes the changing structure of the corporate bond market to one that relies more heavily on electronic trading.
  • Burton-Taylor Exchange, Credit, Risk, Compliance, Media Intelligence, PR and Market Data share figures are seen as industry benchmark standard globally.

AllianceBernstein Executes Landmark Corporate Bond Trade Utilizing Broadridge's LTX® Trading Platform with Four Buyers on Same Block Trade

Thursday, April 22, 2021 - 11:45am

The trade was enabled by LTX , A Broadridge Company (NYSE:BR), and powered by LTX\'s patented RFX protocol.

Key Points: 
  • The trade was enabled by LTX , A Broadridge Company (NYSE:BR), and powered by LTX\'s patented RFX protocol.
  • "Most electronic solutions focus on smaller sizes and liquid bonds, but 70-75% of the corporate bond market still trades over the phone.
  • LTX brings a different approach for accessing liquidity that offers new protocols to better match potential counterparties and allow multiple bids or offers for a bond.
  • Using LTX\'s powerful artificial intelligence, AllianceBernstein\'s dealer identified the potential natural buyers of the bond within their customer network, leading to the RFX trading invitation.

Trumid Reports March Highlights

Wednesday, April 7, 2021 - 1:00pm

Trumid uses innovative technology and product design to bring efficiency, transparency, and liquidity to credit trading.

Key Points: 
  • Trumid uses innovative technology and product design to bring efficiency, transparency, and liquidity to credit trading.
  • Elevated participation has led to record user success rates for the 550 buy and sell side institutions within the Trumid network.
  • Trumid is a financial technology company bringing efficiency, connectivity and access to credit trading through innovative technology and product design.
  • Trumid Market Center, the company's electronic trading platform, connects corporate bond market professionals to a broad network of liquidity and provides a range of trading protocols to access it.

DGAP-News: Deutsche Wohnen SE: Deutsche Wohnen issues green corporate bonds for the first time in an amount of EUR 1 billion

Monday, March 29, 2021 - 7:01pm

For the first time, Deutsche Wohnen SE ("Deutsche Wohnen") has successfully issued two green corporate bonds on the capital markets in the total amount of EUR 1 billion.

Key Points: 
  • For the first time, Deutsche Wohnen SE ("Deutsche Wohnen") has successfully issued two green corporate bonds on the capital markets in the total amount of EUR 1 billion.
  • The bonds have an average term of 15 years and an average annual interest rate of 0.90 per cent.
  • The order book was significantly oversubscribed, which shows the great confidence that the capital markets have in Deutsche Wohnen and its sustainability strategy.
  • Green bonds make it possible to combine debt capital financing with Deutsche Wohnen's sustainability strategy.

DGAP-News: ACCENTRO Successfully Places Corporate Bond over EUR 100 Million

Tuesday, March 23, 2021 - 4:08pm

Berlin, 23 March 2021 - ACCENTRO Real Estate AG (ISIN DE000A0KFKB3), an investor in residential real estate and Germany's leading housing privatisation company, successfully completed the placement of another corporate bond.

Key Points: 
  • Berlin, 23 March 2021 - ACCENTRO Real Estate AG (ISIN DE000A0KFKB3), an investor in residential real estate and Germany's leading housing privatisation company, successfully completed the placement of another corporate bond.
  • The unsecured bond in a nominal value of EUR 100 million was fully subscribed by a major pension fund.
  • The corporate bond will be admitted to trading in the open market of the Frankfurt Stock Exchange (ISIN DE000A3H3D51).
  • For additional key figures on the bond, please see the tab "Investor Relations" on the homepage of ACCENTRO.

Aquila Hires Utah-Based Credit Analyst

Tuesday, March 9, 2021 - 5:45pm

NEW YORK, March 09, 2021 (GLOBE NEWSWIRE) -- Aquila Investment Management LLC (Aquila), adviser/administrator to the Aquila Group of Funds , has announced the hiring of Eric Okerlund as a Utah-based credit analyst.

Key Points: 
  • NEW YORK, March 09, 2021 (GLOBE NEWSWIRE) -- Aquila Investment Management LLC (Aquila), adviser/administrator to the Aquila Group of Funds , has announced the hiring of Eric Okerlund as a Utah-based credit analyst.
  • As of January 2021, he has joined as a member of the Aquila Tax-Free Fund For Utah (UTAYX) investment management team.
  • As credit analyst, Eric Okerlund conducts research, credit analysis and review on bond issues and secondary bond offerings, and performs ongoing review of all bonds held in the portfolio of Aquila Tax-Free Fund For Utah.
  • Aquilas lineup of mutual funds includes seven single-state municipal bond funds, an equity fund Aquila Three Peaks Opportunity Growth Fund (ATGYX), and a high-yield corporate bond fund Aquila Three Peaks High Income Fund (ATPYX).

Trumid Reports February Highlights

Friday, March 5, 2021 - 1:00pm

Trumid strives to use innovative technology and product design to bring efficiency, transparency, and liquidity to credit trading.

Key Points: 
  • Trumid strives to use innovative technology and product design to bring efficiency, transparency, and liquidity to credit trading.
  • Participation in the Trumid network continues to grow, with a record 878 users active on the platform.
  • Trumid is a financial technology company bringing efficiency, connectivity and access to credit trading through innovative technology and product design.
  • Trumid Market Center, the company's electronic trading platform, connects corporate bond market professionals to a broad network of liquidity and provides a range of trading protocols to access it.