Banking - United States archive

Channel correspondent

Deal analysis

• The deal that tests efficacy of US PPPs

  16 April 2013

  An availability-based toll road project in the US reveals that municipal bond investors are willing to accept increasing risks in public-private partnerships

• US private placement market opens to Latam projects

  08 November 2012

  A first-of-its-kind private placement has linked US institutional investors with Brazil’s project market – and revealed them to be a perfect a match

• ResCap’s complex Dip financing

  21 May 2012

  One of the most intriguing aspects of Residential Capital’s Chapter 11 reorganisation could be its Dip financing package

• Puerto Rico sets P3 example for US

  30 November 2011

  The first transaction under Puerto Rico’s public-private-partnership authority (PRPPPA) has set some valuable lessons for budding P3 programmes throughout the US

• Regulatory reform pushes UK corporate sukuk

  06 September 2010

  Following amendments to UK laws on alternative bonds, Millennium PE has used a musharaka structure to buy into the UK’s debut corporate sukuk

News analysis

• US covered bond amendment welcomed

  16 Dec 2009

  The amendment to proposed legislation governing covered bonds has been welcomed by both Republicans and Democrats

• Eurobonds saved by US tax amendment

  10 Dec 2009

  An amendment to proposed US tax legislation has provided foreign bearer bonds with an exemption to excise tax

• First US sukuk boosts Islamic finance

  10 Dec 2009

  GE Capital’s $500 million sukuk programme is the first investment grade sukuk by a US corporate and it will increase the appetite amongst US companies for Islamic finance

• Grandfathering provisions offer US bearer bonds reprieve

  10 Dec 2009

  Concerns that the proposed Foreign Account Tax Compliance Act would severely hamper the ability of US companies to issue bearer bonds have been eased by an amendment

• A welcome easing of Talf

  01 Dec 2009

  The Federal Reserve Bank of New York (NY Fed) is considering easing its stance on granting loans through the Term Asset-backed securities Loan Facility (Talf) for commercial mortgage-backed securities (CMBS)

• Legislation, quick

  01 Dec 2009

  It's looking good for legislation to provide certainty for US covered bonds. But European banks are also pushing to issue dollar-denomiated versions. The race is on

• There's just no one else

  01 Dec 2009

  Why are US mortgage Reits so popular, given that so many failed during the financial crisis? Because there are no banks

• Hybrids down and banks not up

  01 Dec 2009

  Rating agencies are downgrading hybrids due to the removal of systemic and regional support from their process. And although banks are recovering, upgrades are unlikely

• Similar objectives, subtle differences

  01 Dec 2009

  The treatment of secondary trading of transferred loans is different in England and New York in some surprising ways