Debt Capital Markets update Q1 2019

Posted: 23 April 2019

We are pleased to share LSEG’s Quarterly Debt Capital Markets (DCM) update for Q1 2019.

Download the report here

This provides a review of global DCM activity, and key highlights from London Stock Exchange Group’s markets.

Highlights:

  • Shifting Global Macro dynamics and how this has affected Q1 DCM activity: London continues to lead globally as a listing venue for large sovereign and corporate issuances
  • Key transactions: Including sovereign bonds, local currency issuances including Masala bonds and Sonia-linked issuance – which exceeded £-Libor Floating Rate Notes for the first time in a quarterly period
  • Case studies: Including Saudi Aramco’s landmark debut transaction
  • An update on the International Securities Market (ISM): ISM saw its strongest quarter since launch. An updated Rulebook was launched, which expands incorporation by reference to Market Abuse Regulation related announcements and introduces tailored rules for the listing of Insurance Linked Securities (ILS)
  • Events Calendar and Team: Including a summary of LSEG’s Debt Market Forum and an introduction to some of the new faces to our Global Fixed Income team.

More recent

A step towards the analysis of anything, by anyone, anywhere: The Oxford Nanopore IPO

Oxford Nanopore’s co-founder and CEO Dr Gordon Sanghera describes why the company’s IPO was both “timely and natural” and supports the company’s ambitious growth plans.

Learn more
Supporting issuers with ESG data

ESG data and disclosure: a new tool for issuers

The number and scale of investors demanding greater disclosure of ESG-related data and integrating ESG into their capital allocation decision making continues to gather pace around the world.

The BlackRock Global Client Sustainable Investing Survey[1] indicated that investors plan to

Learn more
London prepares for India’s highly anticipated Overseas Listing Policy

The landscape of IPO opportunities for ambitious, growth-hungry Indian companies is set to change dramatically once India’s forthcoming Direct Overseas Listing Policy is introduced.

This new policy will allow Indian incorporated companies to list on select overseas stock exchanges by issuing their common equity shares to overs

Learn more
Going direct: a Wise decision

Not every listing on the public markets has the aim of raising fresh capital. For fast-growing international technology company Wise, its Direct Listing on the Main Market of London Stock Exchange provides a way to broaden its ownership while remaining focused on its mission. Co-founder and CEO Kristo Käärmann explains their novel thinking and approach.

Learn more