Financing

Insight
High yield bond issuances rebound during coronavirus lockdown
The impact of the coronavirus pandemic saw high yield bond issuances grind to a halt at the end of Q1, but markets started to revive in Q2
Insight
Coronavirus: The impact on leveraged finance
As the effects of coronavirus on the primary and secondary debt markets continue, there will be ongoing implications for leveraged finance transactions
Insight
LIBOR discontinuation: What does the future hold?
LIBOR, one of the most significant global benchmarks for calculating interest, is to be phased out by 2021 and replaced by alternative benchmarks in the form of risk-free rates.
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Insight
Re-shaping for the new decade
Financial institutions M&A sector trends: banks — H2 2019 and outlook for 2020
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Insight
European leveraged finance: A bifurcated balancing act
Growth in the European leveraged finance market remained steady in 2019, with 2020 set to continue at pace, with enhanced focus on the trade-off of protection from risk versus a higher yield.
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Insight
Financial institutions M&A: Sector trends - February 2020
We highlight the key European M&A trends in the second half of 2019, and provide our insights into the outlook for M&A moving forward
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Insight
Overall investment outlook for global aviation finance
Our exclusive survey of senior executives who have financed the aviation industry in the past three years reveals that the overall investment outlook for the sector is bright, with one region in particular set for larger growth than its global equivalents
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Funding sources
The multiplicity of financing sources such as asset-backed security, insurance and leasing companies has been crucial for the sector. In this section, we reveal the origins and sources of expected funding in 2020
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Insight
Liquidity and refinancing
Despite the sector's current strong performance, many survey respondents believe the industry needs even more capital and liquidity. In addition, most expect restructurings and insolvencies to increase in 2020
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Insight
Winds of change
Economic volatility, political unrest and fierce competition are all seen as major challenges to the sector in the coming 12 to 18 months. Meanwhile, respondents are preparing for rising oil prices and growing industry consolidation
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Insight
Key takeaways from our exclusive survey
We explore key takeaways from our exclusive survey and what they could mean for the aviation industry and aviation finance
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Insight
Navigating turbulence
Aviation finance is proving its resilience amid a cooling global economy. Our survey finds that senior executives in the sector are optimistic that global levels of aircraft financing will increase in 2020.
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Insight
Digitalization: Regulating the future of finance
As technology reshapes the banking industry, regulators are rising to the challenge.
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Insight
Lifting the lid on MAR
The latest consultation paper from ESMA raises some important questions about the market abuse regulation (MAR) but lacks detail in some crucial areas.
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Insight
How to challenge the ECB: Lessons from first EU court cases on the SSM
The European Courts have handed down first judgments on supervisory measures taken by the ECB, highlighting important issues regarding the application of the law. 
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The uneasy road toward a single EU market for fintech
Current rules fall short of providing a clear framework for a single European market for fintech companies.
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Securitization set to come of age in NPL resolution quest
Refinements to the regulatory framework are needed before banks can make widespread use of securitization by European banks.
Insight
Financial Regulatory Observer - December 2019
The Financial Regulatory Observer regularly sets spotlights on selected topics driving the regulatory and technological changes in the financial industry.
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Insight
ESG investing: The sharpening teeth of disclosure
How to stay ahead of the curve, minimize future costs of compliance and feed the growing demand from investors for responsible products and services.
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Insight
Eight priorities for the new EU financial services chief
Valdis Dombrovskis has a full in-tray that includes securing the EU banking and capital markets union as he begins his term at the European Commission.
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Insight
Tailored enhanced prudential standards for non-US banks
Since the 2008 financial crisis, a non-US bank seeking to establish or maintain a US presence has been required to comply with a set of stringent regulatory requirements, but a recently adopted rule (Final Rule) limits their application.
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Video
Why invest in real estate through a joint venture?
How to structure a real estate joint venture: Eight things you need to know
Real estate joint ventures: Marriage of equity and expertise
Insight
Real estate joint ventures: Marriage of equity and expertise
The asset manager's expertise, coupled with the investor's capital, allows both parties to maximise their respective returns
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Video
Real estate joint venture structure: Key players and documents
How to structure a real estate joint venture: Eight things you need to know
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Tax and structuring in a real estate joint venture
How to structure a real estate joint venture: Eight things you need to know
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Asset Manager in a real estate joint venture
How to structure a real estate joint venture: Eight things you need to know
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Governance in a real estate joint venture: Who's in control?
How to structure a real estate joint venture: Eight things you need to know
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Video
Real estate JV finance: Where does the capital come from?
How to structure a real estate joint venture: Eight things you need to know
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Options for exiting a real estate joint venture
How to structure a real estate joint venture: Eight things you need to know
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Target returns and distribution waterfalls: Why do they matter?
How to structure a real estate joint venture: Eight things you need to know
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Insight
Restructuring the next wave of cov-lite debt
Cov-lite loans can leave lenders with limited restructuring options, but creative lenders will still find ways to bring debtors to the table
Financial Institutions M&A: Sector trends - June 2019
Insight
Consolidation continues at pace—mega-mergers on the horizon
Financial institutions M&A sector trends: banks — H1 2019 and outlook for H2 2019
Financial Institutions M&A: Sector trends - June 2019
Insight
Financial Institutions M&A: Sector trends — June 2019
We highlight the key European M&A trends in the first half of 2019, and provide our insights into the outlook for M&A moving forward
Insight
Financial Regulatory Observer – June 2019
The Financial Regulatory Observer regularly sets spotlights on selected topics driving the regulatory and technological changes in the financial industry.
Insight
Connected cars merge with payment technology
As connected cars proliferate, auto, tech and financial companies will form alliances that raise familiar legal issues in new contexts
Insight
Restructuring in Turkey: A new paradigm?
As more Turkish companies begin to report liquidity issues and economic pressures begin to bite, successful financial restructurings are likely to become increasingly critical to the prosperity of the Turkish economy
Insight
Financial Regulatory Observer – March 2019
The Financial Regulatory Observer regularly sets spotlights on selected topics driving the regulatory and technological changes in the financial industry.
Insight
Africa Focus: Spring 2019
Easing challenges, seizing opportunities
Doing well by doing good
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Doing well by doing good
Impact investing offers great potential for Africa
World Bank report highlights successes in Africa
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World Bank report highlights successes in Africa
Countries make strides by streamlining regulations across 11 key areas