Ur-Energy slides on US$100m overnight CB financing
In what was described as opportunistic financing, Ur-Energy raised US$100m from the sale of a convertible bond overnight Wednesday, earmarking a portion of the proceeds for a capped call equity derivative to offset dilution to double the reference share price.
Goldman Sachs dual-trancher keeps senior FIG supply going
There is life still in the senior FIG space in spite of the looming holiday season, as demonstrated by Goldman Sachs Group, which took further steps to refresh its euro curve on Thursday with a self-led €2.75bn senior unsecured dual-tranche transaction that was more than two times subscribed.
The Climate Bonds Initiative has approved S&P Global Ratings as an external reviewer under its global climate bonds standard and certification scheme in a move that is expected to help issuance of sustainable debt.
Bank of America expects its markets revenue in the current quarter to be up almost 10% from a year earlier, to continue a four-year run of rising trading revenues.
Lazard has appointed Raymond McGuire and Tim Donahue as co-heads of financial advisory for North America in addition to their current respective roles as president of the firm and global head of capital solutions.
Senior US bank executives are hopeful the end of the year should see a strong flurry of investment banking activity. So far in December, a bid battle has broken out for film studio Warner Bros between Netflix and Paramount, the biggest deal announced in 2025.
European investment-grade corporate bond bankers have turned their attention to the supply pipeline for January as the main dealflow of the year comes to a halt.
There is life still in the senior FIG space in spite of the looming holiday season, as demonstrated by Goldman Sachs Group, which took further steps to refresh its euro curve on Thursday with a self-led €2.75bn senior unsecured dual-tranche transaction that was more than two times subscribed.
An upgrade by Fitch earlier this week capped a full revival of Oman’s investment-grade credit ratings from all three of the big agencies.
Bonds issued by CABB Group have leapt after the speciality chemicals company said it plans to sell one of its assets, with the move expected to ease any near-term refinancing pressure.
Belgian insurer Ageas showed that demand for capital remains high even as the year-end nears, bringing a highly sought-after €450m perpetual non-call nine-year Restricted Tier 1 on Tuesday. The deal quickly followed the announcement of a two-leg M&A transaction with BNP Paribas.
Willis Lease Finance is returning to the asset-backed market with a US$392.9m securitization to refinance deals backed by plane engines and frames that are now in high demand due to the scarcity of new aircraft.
Blackstone is preparing to pay itself a US$231m dividend as part of a jumbo commercial mortgage bond sale backed by one of the private equity firm’s retail and entertainment complexes on the Las Vegas Strip.
Landmark Dividend is returning to the ABS market with its first ever cell tower securitization, adding to a growing list of deals backed by the real-estate management company's diverse portfolio of assets.
The Climate Bonds Initiative has approved S&P Global Ratings as an external reviewer under its global climate bonds standard and certification scheme in a move that is expected to help issuance of sustainable debt.
Italy has updated its green BTP framework to align with the country's evolving environmental priorities and market standards and give more detailed disclosure around the EU Taxonomy of sustainable activities.
The World Bank has raised US$200m from a "clean cooking" outcome bond to support the use of more environmentally friendly cooking stoves in Ghana.
In what was described as opportunistic financing, Ur-Energy raised US$100m from the sale of a convertible bond overnight Wednesday, earmarking a portion of the proceeds for a capped call equity derivative to offset dilution to double the reference share price.
Adani Enterprises' Rs249bn (US$2.78bn) 3-for-25 rights issue was subscribed 1.08 times when books closed on Wednesday.
TotalEnergies Renewables Indian Ocean has raised Rs27.2bn (US$302m) through an upsized selldown in India's Adani Green Energy.
CoreWeave made an incredibly bullish statement by spending a lot of the money raised from the sale of a US$2.25bn convertible bond on an equity derivative to offset stock dilution to a super high share price.
Motion control technologies firm Parker Hannifin has agreed to US$7.75bn of delayed-draw term loans to support its approximately US$9.25bn acquisition of air and liquid filter systems manufacturer Filtration Group.
Netflix has sent proposals for the permanent loan financing to replace its mammoth US$59bn 364-day bridge loan to bankers.
Barings is on track to post a record year for its European middle market direct lending business despite muted M&A activity, after defending and capitalising on its longstanding position as an incumbent lender.
US-based engineering company Crane NXT has priced a €430m term loan B that will be used to fund the acquisition of Italian multinational technology company Antares Vision.
Competing bids to acquire Warner Bros Discovery – in whole or in part – backed by mammoth bridge loan financings are setting the stage for a quick start to 2026. They further signal a positive shift in market sentiment since economic volatility earlier in the year stilled confidence.
Read the latest stories from the magazine IFR 2612 - 6 Dec 2025 - 12 Dec 2025
6 Dec 2025 - 12 Dec 2025