Bond

Bond Announces New Company President

Retrieved on: 
Tuesday, January 21, 2020
Business, Articles, Economy, PricewaterhouseCoopers, Management consulting, Consultant, Bond

A veteran executive with more than 25 years of experience, McLean will join Bond from PwC, where he currently serves as Global Leader of Management Consulting.

Key Points: 
  • A veteran executive with more than 25 years of experience, McLean will join Bond from PwC, where he currently serves as Global Leader of Management Consulting.
  • Brian brings deep global expertise and operational knowledge to his new role, which will allow Bond to drive even greater experience transformation for our clients, said Macdonald.
  • As president of Bond, McLean will play a key role in developing and delivering on Bonds vision, and continued expansion to support the companys clients.
  • Contact: Bond Brand Loyalty Richard Lane, Marketing Director [email protected] +1 (905) 696-5319 | M. +1 (416) 844-9658

Nasdaq European Debt Market Continues to Expand in 2019

Retrieved on: 
Tuesday, January 21, 2020
OMX, Economy of Europe, New York City, Economy of New York City, NASDAQ, Bond, Copenhagen Stock Exchange, Financial market

STOCKHOLM, Sweden, Jan. 21, 2020 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) saw another strong year for its European Debt Market, particularly in Corporate and Sustainable Debt, which saw volumes in 2019 grow with 16 and 65 percent respectively year over year.

Key Points: 
  • STOCKHOLM, Sweden, Jan. 21, 2020 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) saw another strong year for its European Debt Market, particularly in Corporate and Sustainable Debt, which saw volumes in 2019 grow with 16 and 65 percent respectively year over year.
  • Nasdaqs European Debt Market remains attractive for both investors and issuers, and we are particularly happy about having welcomed a number of Nordic EMTN programs in 2019, says Fredrik Ekstrm, Head of European Fixed Income at Nasdaq.
  • The feedback from issuers and investors has been overwhelmingly positive, says Ann-Charlotte Eliasson, Head of European Debt and Sustainable Bonds at Nasdaq.
  • It builds onto the knowledge and experience Nasdaq has gained by since 2015 operating the worlds first market for sustainable bonds
    Nasdaq European Debt Market is the joint brand name for all corporate bond,mortgage bond, sustainable bond and structured product markets at Nasdaq Stockholm, Nasdaq Helsinki, Nasdaq Copenhagen and Nasdaq Iceland.

KBRA Releases Report Assigning AA+ Rating and Positive Outlook to State of Wisconsin General Obligation Refunding Bonds of 2020 Series 1 and Series 2 (Taxable)

Retrieved on: 
Friday, January 17, 2020
Banking, Professional services, Finance, Finance, Money, Economy, Credit rating agencies, Kroll Bond Rating Agency, Credit risk, Credit rating, Bond, KBRA, Commercial paper

On January 15, 2019, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA+ and Positive Outlook to the State of Wisconsin General Obligation Refunding Bonds of 2020, Series 1 and General Obligation Refunding Bonds of 2020, Series 2 (Taxable).

Key Points: 
  • On January 15, 2019, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA+ and Positive Outlook to the State of Wisconsin General Obligation Refunding Bonds of 2020, Series 1 and General Obligation Refunding Bonds of 2020, Series 2 (Taxable).
  • KBRA additionally affirmed the long-term rating of AA+ and Positive Outlook on the States outstanding General Obligation Bonds and a long-term rating of AA and Positive Outlook on the States outstanding Master Lease Certificates of Participation (COPs).
  • Lastly, KBRA affirmed the short-term rating of K1+ on the States GO Commercial Paper (CP) Program and GO Expendable Municipal Commercial Paper (EMCP) Program.

KBRA Assigns a BBB Rating and Stable Outlook to Owl Rock Capital Corporation’s Senior Unsecured Notes and Affirms the Issuer and Senior Unsecured Debt Rating

Retrieved on: 
Wednesday, January 15, 2020
Banking, Professional services, Insurance, Finance, Money, Finance, Economy, Credit, Loans, Kroll Bond Rating Agency, Unsecured debt, Bond credit rating, Credit rating agency, Debt, Bond

Kroll Bond Rating Agency (KBRA) assigns a BBB rating to Owl Rock Capital Corporations (ORCC or the Company) $500 million senior unsecured 3.75% notes maturing July 22, 2025 (the Notes) with a Stable Outlook.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns a BBB rating to Owl Rock Capital Corporations (ORCC or the Company) $500 million senior unsecured 3.75% notes maturing July 22, 2025 (the Notes) with a Stable Outlook.
  • KBRA also affirms ORCCs Issuer and senior unsecured debt rating of BBB with a Stable Outlook.
  • The Company expects to use the proceeds from the Notes to paydown a portion of its outstanding bank loans.
  • The Notes rank equally with existing and future senior unsecured notes issued by ORCC.

Barclays Expands Partnership With FactSet to Distribute Bond-level Liquidity Measure - LCS®

Retrieved on: 
Wednesday, January 15, 2020
Banking, Other Professional Services, Professional services, Finance, Financial markets, FactSet, Finance, Economy, Companies, Market liquidity, Bond, Barclays

Barclays today announces a strategic partnership with FactSet , a global provider of integrated financial information, analytical applications, and industry-leading service, to distribute Barclays bond-level liquidity measure on the Open: FactSet Marketplace .

Key Points: 
  • Barclays today announces a strategic partnership with FactSet , a global provider of integrated financial information, analytical applications, and industry-leading service, to distribute Barclays bond-level liquidity measure on the Open: FactSet Marketplace .
  • We are excited to work with FactSet to provide expanded access to our liquidity metric for a broader set of fixed income investors, says Jeff Meli, Head of Research at Barclays.
  • Launched in 2009, Liquidity Cost Score (LCS) is an objective, quantitative bond-level liquidity measure based on two-way quotes from Barclays traders.
  • Barclays computes LCS for more than 22,000 fixed-income securities with a total outstanding amount of US50trn, covering a broad range of asset classes.

Bond Offering by Prosus N.V.

Retrieved on: 
Wednesday, January 15, 2020
Bond, Euronext

Shareholders are advised that Prosus N.V. (Prosus) (Euronext Amsterdam: PRX; JSE: PRX), on 14 January 2020, successfully priced US$1.25 billion 3.680% notes due 2030 (the Bonds) issued under its Global Medium-Term Note Program.

Key Points: 
  • Shareholders are advised that Prosus N.V. (Prosus) (Euronext Amsterdam: PRX; JSE: PRX), on 14 January 2020, successfully priced US$1.25 billion 3.680% notes due 2030 (the Bonds) issued under its Global Medium-Term Note Program.
  • The purpose of this offering was to raise proceeds to redeem the U.S.$1.0 billion 6.000% notes due in July 2020 (the 2020 Bonds).
  • The net proceeds of the offering of the Bonds will be used by Prosus for the redemption of the 2020 Bonds and otherwise for general corporate purposes.
  • Prosus is considering various options for the redemption of the 2020 Bonds, including exercising the make-whole call option.

Guotai Junan International's Asia High Income Bond Fund Won the Offshore China Fund Award

Retrieved on: 
Wednesday, January 15, 2020
H shares, Guotai Junan Securities, Companies, Finance, Money, Junan, Guotai, Bond fund, Bond, China Asset Management, Yim Fung

SHANGHAI, Jan. 15, 2020 /PRNewswire/ -- On 9 January 2020, Guotai Junan International's Asia High Income Bond Fund (AHIB) won the Best Fund Performance -- Private Fund - Greater China Fixed Income (3 Years) award at the 2019 Offshore China Fund Awards held by China Asset Management Association of Hong Kong (CAMAHK) and Bloomberg.

Key Points: 
  • SHANGHAI, Jan. 15, 2020 /PRNewswire/ -- On 9 January 2020, Guotai Junan International's Asia High Income Bond Fund (AHIB) won the Best Fund Performance -- Private Fund - Greater China Fixed Income (3 Years) award at the 2019 Offshore China Fund Awards held by China Asset Management Association of Hong Kong (CAMAHK) and Bloomberg.
  • Guotai Junan Asia High Income Bond Fund (AHIB) was established in September 2015 and has been operating for 52 months since then.
  • It has achieved an accumulative net return of 52% and the average annualized return of over 10%.
  • Since its establishment, Guotai Juan Asia High Income Bond Fund (AHIB) has maintained high return, low fluctuation and zero default and been widely recognized by institutional and individual investors.

Guotai Junan International's Asia High Income Bond Fund Won the Offshore China Fund Award

Retrieved on: 
Wednesday, January 15, 2020
H shares, Guotai Junan Securities, Companies, Finance, Money, Junan, Guotai, Bond fund, Bond, China Asset Management, Yim Fung

SHANGHAI, Jan. 15, 2020 /PRNewswire/ -- On 9 January 2020, Guotai Junan International's Asia High Income Bond Fund (AHIB) won the Best Fund Performance -- Private Fund - Greater China Fixed Income (3 Years) award at the 2019 Offshore China Fund Awards held by China Asset Management Association of Hong Kong (CAMAHK) and Bloomberg.

Key Points: 
  • SHANGHAI, Jan. 15, 2020 /PRNewswire/ -- On 9 January 2020, Guotai Junan International's Asia High Income Bond Fund (AHIB) won the Best Fund Performance -- Private Fund - Greater China Fixed Income (3 Years) award at the 2019 Offshore China Fund Awards held by China Asset Management Association of Hong Kong (CAMAHK) and Bloomberg.
  • Guotai Junan Asia High Income Bond Fund (AHIB) was established in September 2015 and has been operating for 52 months since then.
  • It has achieved an accumulative net return of 52% and the average annualized return of over 10%.
  • Since its establishment, Guotai Juan Asia High Income Bond Fund (AHIB) has maintained high return, low fluctuation and zero default and been widely recognized by institutional and individual investors.

KBRA Releases CREFC Day 1 Recap

Retrieved on: 
Tuesday, January 14, 2020
Banking, Professional services, Insurance, Finance, Money, Economy, Finance, Financial markets, Kroll Bond Rating Agency, Banking, KBRA, Libor, Bond, Credit rating agency, Market liquidity

Kroll Bond Rating Agency (KBRA) releases its CREFC Day 1 Recap as the annual conference in Miami kicked off its 21st year with approximately 1,890 registered attendees, a record turnout.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) releases its CREFC Day 1 Recap as the annual conference in Miami kicked off its 21st year with approximately 1,890 registered attendees, a record turnout.
  • The retail and office sectors are undergoing significant changes, while the LIBOR transition is approaching.
  • However, he shared that the industry has always been confronted with problems and has found solutions.
  • CREFC was created to increase liquidity and transparency in the commercial real estate debt markets and benefits from the collaboration of the members of CREFC to ensure the highest probability of success owing to its forward-looking perspectives.

Pharming Announces the Launch of an Offering of Approximately €125 Million Senior Unsecured Convertible Bonds due 2025

Retrieved on: 
Tuesday, January 14, 2020
Bond, Pharmaceutical industry

The initial conversion price of the Bonds will be subject to customary adjustment provisions as will be set out in the terms and conditions of the Bonds.

Key Points: 
  • The initial conversion price of the Bonds will be subject to customary adjustment provisions as will be set out in the terms and conditions of the Bonds.
  • The number of Shares initially underlying the Bonds is expected to be a maximum of 62,433,000, representing approximately 9.9% of the Company's current issued share capital.
  • Closing and settlement of the Offering are expected to take place on or around 21 January 2020 (the "Issue Date").
  • Pharming is a specialty pharmaceutical company developing innovative products for the safe, effective treatment of rare diseases and unmet medical needs.