CSC Global Capital Markets’ Post

Fitch Ratings has published its “What Investors Want to Know: 2025 Funding Trends for LatAm NBFIs” special report, which answers key questions on corporate governance, local regulatory initiatives, and increasing thematic bond issuances focusing on Latin American Non-Bank Financial Institutions. Additionally, Fitch discusses securitizations backed by assets, credit enhancement, and additional features to mitigate servicer risks. Learn more https://ow.ly/akF350TM8lk #FitchRatings #LatinAmerica #Funding #StructuredFinance

The Trade Finance Distribution Initiative (TFD Initiative) is delighted to announce ARC Ratings as a key partner for the 2024 Trade Finance Investor Day. ARC Ratings' CEO, Oliver Howard, will join a distinguished panel at the event to discuss delivering trade receivables to the asset-backed securities (ABS) market. “Over the past year, ARC has steadily expanded its presence in the ABS market as investors seek strategies to navigate the complex interest rate landscape. We’ve seen a clear shift towards adding non-correlated assets like trade finance to portfolios." Read the full press release: https://lnkd.in/eb6i5dpc André Casterman #TradeFinance #InvestorDay2024 #ABSMarket #TradeReceivables #TFDInitiative #AssetBackedSecurities #SMEFinance #InstitutionalInvestors #ARC #CapitalMarkets

Credit Rating Agency which has obtained a certificate of registration from the Authority under sub-regulation (1) of regulation 10 of the IFSCA (Capital Market Intermediaries) Regulations, 2021 may also undertake the valuation of assets of the schemes under IFSCA (Fund Management) Regulations, 2022. Read Here: https://lnkd.in/dpdDEJuP #IFSCA #CapitalMarketIntermediaries #sebi #securities #market #stockmarketindia #trading #investments #SEBI #sebinews #market #marketnews #Compliance #investment #disputeresolution #Capitalmarketsregulator #Economy #SecuritiesandExchangeBoardofIndia #mitconcredentia #MITCON

Today, surety bonds are a solid solution for increasing financial flexibility beyond traditional bank guarantees. They are ideal for the booming global infrastructure market amidst economic difficulties and are essential for cross-border projects, as they ensure contractual compliance through a first-demand guarantee. This innovation enhances liquidity and facilitates access to new markets, building confidence and enabling the implementation of diverse financing strategies. Find out more by clicking on this link: ➡️https://hubs.ly/Q02lkH-c0 #surety #GlobalExpansion #SuretyBonds #FinancialInnovation

Join Fitch Ratings on June 27th at 11:00am EDT for our "LATAM NBFI Refinancing Risk: 2024" webinar. Refinancing risk for LatAm nonbank financial institutions (NBFIs) in 2024 is generally manageable due to moderate debt maturities and adequate asset and liability management. Nevertheless, elevated funding costs, asset quality pressure and increased reliance on secured funding sources are headwinds, particularly for some countries and specific sectors. Register now: https://ow.ly/aTxB50SkaLh #FitchRatings #LatinAmerica #FinancialInstitutions

Independence Point Securities is proud to have served as Co-Manager on Deutsche Bank’s $1.0B preferred notes offering on May 7th, 2024.   This transaction represents IPA’s 2nd financing with Deutsche Bank which demonstrates the unique insights IPA is providing to our clients.   Deutsche Bank’s support enables IPA to continue driving forward our mission of advancing opportunities for underrepresented individuals in #finance.   #diversityandinclusion #bonds #finance #investmentbanking #business #IPAteam

Curious about how Terminal Value impacts company valuations? Terminal Value is a critical component in Discounted Cash Flow (“DCF”) valuations, often driving the majority of a company's total valuation. In our latest article, Brandon Thompson CA(SA) breaks down why Terminal Value is essential, how it's calculated, and the importance of using accurate assumptions in markets like South Africa. For more insights visit us at: https://lnkd.in/gnJTyv27 #DCFValuation #TerminalValue #CorporateFinance #BusinessValuation #InvestmentStrategy #SouthAfrica #EmergingMarkets

Nordea is very proud of having acted as a Joint Lead Manager on the European Union’s dual tranche EUR 11bn transaction, consisting of a EUR 5bn tap on December-2027 notes and a EUR 6bn tap on October-2039 notes. The transaction marks the European Union's third syndication in H2/2024, with one or two more syndications planned for the rest of the year. The transaction marks the EU’s largest syndication since September 2022. Despite bouts of fatigue in the autumn in Euro Sovereign, Supranational and Agency markets, both tranches were very well received with bids exceeding EUR 166bn in total. The tap of the October-2039 bond was approximately 14 times oversubscribed, while the December-2027 tap was more than 16 times oversubscribed. Nordic investors were again very well represented in the transaction, receiving allocations of 14% in the 2027 tranche and 13.5% in the 2039 tranche. We are very proud of having once again acted as a Joint Lead Manager on a highly successful EU transaction. We congratulate the European Commission and the European Union funding team on the great transaction, and look forward to continued good cooperation in the future! Check more DCM transactions: https://lnkd.in/ehKA8R_u #Nordea #InvestmentBanking #DCM

Great to see continued positive sentiment in the Structured Finance market. Polling at the S&P European Structured Finance Conference suggests 90% of the participants felt positive about the future of the European Securitisation market vs 3% feeling negative. We’ve seen an active start to September which at present shows no signs of slowing down. #structuredfinance #securitisation #securitization

The Astana Financial Services Authority (AFSA) has enacted the AIFC Treasury framework. The Framework introduces specific regulations tailored for operations of Corporate Treasury Centres (CTC) in the AIFC, which will be able to open the СТС Funds. Such vehicles will allow carrying out treasury activities within the AIFC’s existing regulatory and tax regimes in line with international practices. Recognising the unique nature of CTCs and their limited investor base, the framework includes streamlined regulatory provisions for CTC Fund Managers. The AIFC Treasury Framework represents a significant step towards strengthening the AIFC’s position as a leading international financial center in Eurasia. This framework offers a robust regulatory and tax environment that caters specifically to the needs of CTCs, making the AIFC an attractive location for intragroup financing, liquidity management, investment and other treasury functions.