Metrics takes out Investec 25 March 2021 6:01AM Latest news John Kavanagh Lender Metrics Credit Partners has taken a big step up in the corporate finance market, announcing that it will acquire Investec’s Australian corporate loan portfolio. read more
Pioneer finds new lenders 18 September 2020 6:57AM Latest news John Kavanagh After being in a standstill agreement with its lender for six months and missing two refinancing deadlines, debt buyer Pioneer Credit has finally found new lenders. read more
APAC club loan volumes plunge – except Australia 03 July 2020 6:00AM Latest news Bernard Kellerman Syndicated lending in Asia Pacific (ex-Japan) in the first half of 2020 plunged almost 17 per cent to an eight-year low of US$196 billion, while deal counts dropped 19 per cent year-on-year, according.. read more
Axsesstoday taps the corporate bond market 09 July 2018 4:54PM Corporate bonds John Kavanagh Finance company Axsesstoday has turned to the little-used simple corporate bond regime to raise A$55 million of funds. read more
Foreign corporate lenders return to Australia-NZ 20 April 2018 11:07AM Debt capital markets Bernard Kellerman Thomson Reuters reports Chinese and European lenders have grown their commitments to the Australasia loan market over the last five years. read more
Club loans less popular in 2018 04 April 2018 4:30PM Debt capital markets Bernard Kellerman In a lean first quarter for syndicated bank loans in the Asia-Pacific region, volume (ex-Japan) dropped to US$80.5 billion from 176 deals, down by 17 per cent from the $96.9 billion raised through 359.. read more
Corporate China dominates APAC club loan market 22 March 2018 5:58PM Debt capital markets Bernard Kellerman The syndicated and club loan market in Australia and New Zealand - and indeed much of the Asia Pacific (excluding Japan) - has come to a grinding halt, based on Thomson Reuters year to date APAC stati.. read more
Club loans head down in APAC, up in Australasia 23 January 2018 4:49PM Debt capital markets Banking Day staff Syndicated loan volume in the Asia Pacific region (excluding Japan) for the 2017 calendar year continued to decline, along with the number of transactions, but there was a rise in both volume and numb.. read more
ANZ remains loan Aussie major in Asia 19 September 2017 3:44PM Debt capital markets Bernard Kellerman Monthly statistics from Thomson Reuters for the Asia Pacific (ex-Japan) loan market show the volume of syndicated and club loans to the end of August 2017 are at their lowest since 2012. read more
ANZ shines in sluggish loan market 17 May 2017 3:48PM Debt capital markets Bernard Kellerman The Thomson Reuters Asia Pacific loan market statistics for the first four months of this year show 240 deals closed - the lowest since April 2012. read more
Fundies test tech-based SME loan strategy 09 February 2017 5:01PM Major Banks Bernard Kellerman A business model for yet another fintech style operation, aimed at stealing a few more pieces of the banking sector's lunch, is being developed by an ex-Goldman Sachs banker. read more
Lower for longer: APAC loan markets decline, tenor heads upwards 22 December 2016 5:06PM Debt capital markets Bernard Kellerman An early cut on the Asia Pacific (ex-Japan) loan market shows that between January and November 2016 the amount lent declined by 6.2 per cent, compared to the same time last year. read more
Syndicated slumber rests on property 19 December 2016 5:00PM Debt capital markets John Kavanagh Credit supply fell across 2016, in syndicated lending anyway. What's left is property heavy. read more
Briefs: Westpac wins NSW Government contract extension, Pepper makes another loan sale, NAB Asset Se 24 November 2016 4:56PM Briefs Banking Day staff Pepper Group has sold a A$200 million portfolio of mortgages - its third such sale this year. read more
Larger loans, fewer syndicated deals 17 November 2016 5:06PM Debt capital markets Bernard Kellerman There has been a move to fewer but larger syndicated and club loans in Australia and New Zealand this year. read more
Brief: Origin extends syndicate facility 14 October 2016 4:55PM Briefs Banking Day staff Origin Energy has extended a A$4.5 billion syndicated bank debt facility, due to mature in December 2018, until 2021. read more
Asset-backed defaults edging towards GFC levels 05 October 2016 5:01PM Debt capital markets Bernard Kellerman Delinquencies among the pools of Australian motor vehicle loans underlying asset-backed securities are heading towards the levels seen during the GFC, warns Moody's Investors Service. read more
Foreign news: ING cuts jobs to go digital, regional lending slowing 04 October 2016 5:00PM Foreign news Banking Day staff ING is under fire for a plan to cut 7,000 jobs in Europe and invest instead in online banking services, and Thomson Reuters reports the Asia Pacific syndicated loan market continued to shrink over the.. read more
Green bond issuance rises on the back of re-redefinitions 05 July 2016 4:28PM Corporate bonds Bernard Kellerman The Climate Bonds Initiative has presented its 5th annual State of the Market report, commissioned by HSBC. According to the notes introducing this year's report, it "discovers and quantifies bonds th.. read more
Briefs: Banks baulk at REIT refi 16 June 2016 3:31PM Briefs Banking Day staff The refinancing task is emerging as an unacceptable risk for real estate investment trusts in the Asian region, with banks across the region cutting their exposures to single name borrowers. read more