IFR Magazine 2019 №2281 (April 27)

London: Thomson Reuters, 2019. — 90 p.In global capital markets, impeccable market intelligence lies at the heart of success. It informs and encourages excellent decision-making, which, in turn, breeds great performance. With a pedigree stretching back over four decades, IFR (International Financing Review) is the world’s leading provider of global capital markets intelligence.
IFR is much more than a magazine – it’s the world’s most trusted source of capital markets intelligence.
It is widely regarded as the world’s most trusted in-depth source of news, views and opinion covering every aspect of the capital markets. Weekly magazine is a high quality periodical delivered to your desk each Monday.
Inside...
ErosionLender protection in loan documentation deteriorates further. PetSmart makes it harder for creditors to sue.
AppetiteTelepizza slices through high-yield market. First Single B LBO of the year proves popular despite patchy history.
WizardrySynthetic CDOs ride again: banks and investors pile back into crisis-era product.
New planDeutsche and Commerzbank scrap merger, but what happens next as suitors circle the smaller German bank?
Subscriber base Netflix sells US$2.24bn bond sequel.
Hoping for warm reception South Korea and the Philippines head to Europe.
Chinese competition Luckin Coffee brews Nasdaq IPO.
Hot property South-East Asia gets a taste for REITs.
Grim startDeutsche debt trading slumps. European banks have tough time in advisory and underwriting.
Tight reinBarclays clamps down on bonuses after its corporate and investment bank profits fall 30% from a year earlier.
SearchRBS on hunt for new CEO as McEwan quits, signalling a fresh start as the bank heads for full private ownership after a state bailout.
Rival bidsBAML, Citi in brawl for Anadarko credit.
Majority stakeChina ratings firm Dagong Global bought amid ban.
FrameworkDirective offers blueprint for covered bonds’ global push.
Smooth dealBuyside takes a gamble on William Hill.
SpreadsCash-rich investors swarm ASR Tier 2.
Rising costsJapanese lifers eye Europe.
IssuanceIndonesia pipeline builds up.
DebutTelco expands Saudi marketplace.
MalaysiaRare Asian offshore sukuk sighted.
StudyEC raises anti-competitive concerns.
JumpTaiwan banks raise loan pricing.
SOFRFallback language ahead of Libor demise.
ReplicaBeyond Meat touts expansion on IPO.
RoadshowUber employs surge-control in marketing IPO.
ChinaRetail queue for tech board.
UpsizeVIC Properties secures €250m through pre-IPO CB.
ChinaSF Holding to deliver convertible.
ExpansionWangneng eyes six-year CB.