Proposed introduction of binding say-on-pay shareholder votes in the UK will add to the momentum of the so-called Shareholder Spring. It means shareholders will be firmly focused on executive compensation until macroeconomic conditions improve.
The first Portuguese ABS deal in five years prioritised reserve fund replenishment, removed counterparty risk, and used an exposure portfolio mechanism to cover set-off risk
The success of the European Investment Bank’s (EIB) recently approved project bond programme will depend on the efficacy of the first deal template, lawyers have said
The issuance of Uruguay's first real estate investment trust (Reit) is being quickly followed by more advanced deals. Strong relationships with pension funds and the securities regulator should be top priorities for managers looking to tap the market.