KangaTrends Crédit Agricole’s T1 Kauri will be market guide. Spreads widen further for ICO’s A$200 million tap. GE includes NZ in annual roadshow. Triple-A Kauri market reignites with EDC’s NZ$375 million. IAG prices NZ$100 million Kauri sub deal. KfW twice taps 2012 bond in volatile market. IFC and IADB roadshow in NZ. Feature: Celebrating the best in a year of mixed fortunes KangaNews is proud to present its inaugural awards for the best houses, deals, issuers and personalities in the Kangaroo and Kauri bond markets in 2007. Votes from investors, issuers and intermediaries were collated to produce the results in these pages. Roundtable feature: The giants pause US-based financial institutions comprise the biggest sector in the Kangaroo bond market. When will issuance from this sector pick up again, is the worst of the bad news over, and what is needed from issuers, investors and intermediaries to jump-start the market? nabCapital sponsored a roundtable discussion with seven US-based FIs to consider these issues. Feature: Surprises in the US FI sector The rating agencies have been caught by surprise as much as some investors by the size of write-downs at some of the largest US-based FIs and they certainly do not think the worst is over. Although supportive of the super-SIV initiative, the agencies point out the key challenges it faces. KangaDeals Exclusive data on Kangaroo and Kauri deals issued from January 1 to November 30 2007. Bookrunner league tables for the Kangaroo and Kauri markets.
|
|
|