News analysis

  • Boost for Australia's second equity market

    27 Jun 2007

    Australian Social Infrastructure Fund (ASIF) has become the first ever property trust to list on the on the Australia Pacific Exchange (APX)

  • Surprise: China let loose into world's capital markets

    27 Jun 2007

    China has announced new regulations that expand the remit of its QDII (Qualified Domestic Institutional Investor) scheme sooner than expected

  • Toxic CDO warning: litigation ahead

    21 Jun 2007

    Litigators predict a wave of securities disputes following comments from the governor of the UK central bank.

  • Buyout produces high yield record

    20 Jun 2007

    In the biggest ever high-yield bond deal, US telecoms company Alltel is planning a $7.7 billion issue.

  • China bonds finally get wholesale changes

    20 Jun 2007

    After months of rumour and tinkering, China's corporate bond market has finally been given the wholesale regulatory change that will kick start its growth.

  • Emirates leads sukuk innovation

    20 Jun 2007

    Emirates Islamic Bank has established a $1 billion sukuk trust certificate programme and completed the first drawdown under the programme.

  • Hong Kong's first RMB bond

    13 Jun 2007

    China Development Bank will become the first financial institution to issue yuan-denominated bonds in Hong Kong, having received approval from People's Bank of China, according to a Xinhua, the Chinese government's press agency.

  • Kuwait completes first convertible Sukuk

    13 Jun 2007

    International Investment Group (IIG) of Kuwait has issued the country's first convertible sukuk, showing that the Gulf Cooperation States, not just Malaysia, can now issue sophisticated Islamic products.

  • LBO gone bad: a precedent for private equity

    13 Jun 2007

    With markets expecting an increase in messy LBO failures, private equity have watched with interest the restructuring of beleaguered IT consultancy Damovo

  • US covered bond market takes off

    13 Jun 2007

    The covered bond market's shifting investor base has been confirmed by Bank of America's debut issue.

  • Italian law puts RMBS ratings under pressure

    08 Jun 2007

    Standard & Poor's yesterday warned that recent changes in Italian law could adversely affect ratings of residential mortgage securitization.

  • Buyout produces record cov-lite loan

    05 Jun 2007

    Traditional maintenance covenants appear an endangered species as US buyout firm KKR has raised the world's biggest covenant-lite loan.

  • Egyptian project innovates downstream

    05 Jun 2007

    As part of a national strategy to expand downstream facilities, Egyptian Methanex Methanol has closed the financing of a facility at Damietta in Egypt.

  • Through a glass darkly

    01 Jun 2007

    Risky and unpredictable, covenant-lite loans are here to stay

  • Initiative test

    01 Jun 2007

    SEC proposals are brave but back to front

  • The ins and outs of Algerian project finance

    01 Jun 2007

    Michael Coleman and Celine van Zeebroeck of Baker & McKenzie talk us through the process of bidding on Algerian Turkey contracts