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Capital Raising & Corporate Finance

Eli Lilly Issues Rare 40-Year Bond

Eli Lilly is making waves in the corporate debt market with a $6.75 billion multi-tranche bond sale that includes a rare 40-year note: an unusual move for a pharmaceutical company. Most corporate bonds mature in five to 30 years.

Capital Raising & Corporate Finance

Evergrande Delisted From Hong Kong Bourse

On Aug. 25, China Evergrande Group was delisted from Hong Kong’s stock exchange.

Capital Raising & Corporate Finance

Bullish Surges As Crypto IPO Window Opens

Peter Thiel is doubling down on crypto in public markets.

Digital By Design

Digitizing more than 80% of its retail banking services proved a timely strategic move for Sberbank, Russia's largest bank. During the pandemic, customers could access most banking services while socially distancing and the bank launched new services quickly that helped customers facing financial hardship and uncertainty.

News

Keurig’s Coffee Union Foams, But A Split Is Already Brewing

One wedding, one divorce. That’s how American group Keurig Dr. Pepper pitched to Wall Street its €15.7 billion (about $18 billion) takeover of Dutch coffee giant JDE Peet’s.

Capital Raising & Corporate Finance

Klarna Goes Public in $14B Wall Street Test: Who’s Next?

Klarna goes public, aiming to raise $1.25B after rebounding from a $6.7B slump with renewed growth. Meanwhile, BNPL rival Revolut is watching closely.

Economics, Policy & Regulation

India: Credit Rating Gets An Upgrade

S&P Global Ratings raised India’s sovereign credit rating in mid-August from BBB- to BBB, one notch above its lowest investment-grade rating.

Capital Raising & Corporate Finance

Intel CEO Sells Stake to US

Talk about a reversal of fortunes. Barely two weeks after US President Donald Trump called for the resignation of Intel CEO Lip-Bu Tan on account of his alleged conflicts of interest, Tan sold a 10% stake in the chipmaker to the US government.

Banking

Standard Chartered Launches Crypto Spot Trading

Banking giant Standard Chartered has introduced an amenity for the spot trading of Bitcoin and Ethereum via a fully integrated digital asset service, through its UK branch for institutional clients, including corporates, investors and asset managers.

Banking

Argentina: Revolut Acquires Cetelem

UK fintech Revolut will enter the Argentine market after agreeing to purchase Cetelem Argentina from BNP Paribas Personal Finance.

Banking

Ripple In Banking License Push

Crypto company Ripple has applied to US regulators for a national bank charter, as the distinction between digital asset firms and traditional financial institutions becomes increasingly blurred.

Capital Raising & Corporate Finance

Singapore: Project Bonds Chart Course For Success In FPSO Financing

Singapore-headquartered Yinson Production recently issued a record-breaking $1.168 billion bond for a floating production, storage, and offloading (FPSO) unit in Brazil.

Capital Raising & Corporate Finance

United Kingdom: Capital Markets Flounder

The state of the United Kingdom’s capital markets is perilous. IPO activity has fallen to its lowest levels in 30-years.