Welcome to IFR | IFR
WEBWelcome to IFR. International Financing Review is the leading source of fixed income, capital markets and investment banking news, analysis and commentary. IFR's team of market specialists report on capital-raising across asset classes, from rumour to market reception. Sign in Request a trial.
About IFR | IFR
WEBIt informs and encourages excellent decision-making, which, in turn, breeds great performance. With a pedigree stretching back over four decades, IFR (International Financing Review) is the world's leading provider of global capital markets intelligence. Our reputation is founded on our in-depth knowledge of the detail surrounding current deals ...
IFR SNAPSHOT - Issues roll out into IG and HY primaries
WEB1 day ago — On Monday 12 IG offerings were priced totaling US$13.35bn, lifting September issuance to US$149.150bn, according to IFR data. The average new issue concession for the issues was 0.64bp and the average order book was 3.99x covered, according to the data. The average move from initial price thoughts to pricing was 26.77bp tighter.
IFR SNAPSHOT - IG and HY primaries still going strong
WEB6 hours ago — The average IG bond spread remained unchanged at 92bp on Tuesday and the HY bond spread widened by 6bp to 321bp, according to ICE BofA data. "IG index spreads narrowed 0-1bp during yesterday’s session, and the ICE Corporate index opens this morning at a spread to Treasuries of 92bp. That’s the narrowest spread for the IG index since July 16 ...
Inflation in focus as one IG issuer braves the market - IFR
WEBSep 11, 2024 — Two high-yield issuers, Perrigo and Viasat, are expected to print offerings today. They would follow the eight junk offerings that priced yesterday, raising a total of US$4.825bn, according to IFR data. The average IG bond spread widened by 2bp to 101bp on Tuesday, and the HY bond spread widened 10bp to 346bp, according to ICE BofA data.
New Issues - Global - IFR
WEBAccess a digital replica of IFR's print magazine, updated each Friday. Plus regular Special Reports and Roundtables, covering industry themes and trends. European levfin licks wounds as jumbo buyouts vanish. EU rules to disrupt hedging in US$7.5trn-a-day FX market. Energy transition blurs line between project and corporate finance.
OPINION – End of the easy money: rate cuts will hit corporate and ...
WEB7 hours ago — Most dramatically, all of Bank of America’s global banking business revenue growth last year was driven by the addition of US$2.5bn of NII (although some of this has been given back in the first half of this year). Net interest margins for the division expanded from 2.26% in 2022 to 2.73% in 2023. Its NIM in the first half of 2024 was 2.44%.
Equities - IFR
WEBIFR hosts a comprehensive programme of conferences, seminars and roundtables throughout the year, providing authoritative insight into the trends and outlooks for specific regions and asset classes. Access a digital replica of IFR's print magazine, updated each Friday. Plus regular Special Reports and Roundtables, covering industry themes and ...
IG bond market cools after fevered issuance pace - IFR
WEBSep 5, 2024 — At least 10 investment-grade bond offerings are slated to price on Thursday, as the market for new issuance from the best-rated corporate credits downshifts after shattering weekly forecasts in just two days.. The investment-grade bond market welcomed 19 offerings on Wednesday with issuers raising …
US IG primary slows to a crawl in last week of August
WEBAug 26, 2024 — The last week of August is not expected to be an active session for the US corporate bond primaries as many syndicate desks take vacations. For today, just one IG offering is expected to price in the primary and the HY arena is idle. "Amidst the second week of the so-called 'dog days' of summer, IG supply is naturally expected to slow markedly this week with expectations for just $3bn," BMO said.