Deal analysis

  • France’s new refinancing market explained

    30 Aug 2012

    Deal counsel analyse the French deal that revived the use of mortgage bonds and created a new refinancing market just in time to help tackle Europe’s looming debt maturity wall

  • Laos rights issue first analysed

    30 Aug 2012

    EDL-Gen’s $200 million rights issuance was a first for the nascent Laos Securities Exchange. But deal counsel had to first overcome complexities relating to the company’s shares in four IPPs

  • CIS region sukuk first analysed

    16 Aug 2012

    The Development Bank of Kazakhstan’s sukuk offering is the first such issuance out of the former Soviet Union. But compliance with local laws proved considerable challenging for deal counsel.

  • How the US Jobs Act helped Man U offering

    16 Aug 2012

    Deal counsel explain how last week's Manchester United initial public offering on US exchange took advantage of the US Jobs Act

  • How the new TMX was created

    09 Aug 2012

    Canadian securities trading will never be the same now that a consortium of investment companies has taken private the Toronto Stock Exchange and associated entities. It creates real potential for conflict, but new efficiencies abound

  • TMX-Maple merger: IIAC raises favouritism concerns

    02 Aug 2012

    TMX Group shareholders’ approval of Maple Group Acquisition Corporation’s tender offer on July 31 ended the multi-year sale of the Toronto Stock Exchange. But it also raised concerns over market favouritism

News analysis

  • Why Sebi’s primary market reforms disappoint

    30 Aug 2012

    The Securities and Exchange Board of India this month announced a raft of primary market reforms in a bid to facilitate retail investment and capital raising. But lawyers are unconvinced the changes will be effective

  • What NAFMII’s asset-backed MTNs mean for securitisation in China

    02 Aug 2012

    China’s National Association of Financial Market Institutional Investors (NAFMII) has released draft rules for a securitisation instrument for non-financial issuers. Here’s why this could signal the reopening of China’s securitisation market