November 24, 2008 – National Australia Bank was in the market last week with a small private placement for Australia-based mining company Iluka Resources Ltd. When it prices it will be one of only three Aussie deals to price in what has been a turbulent half with few foreign deals hitting the market.
November 24, 2008 – North Dakota-based electricity generation and transmission co-op Basin Electric Power Cooperative was in the market last week seeking private funds via JPMorgan Securities.
November 24, 2008 – In what could be the highest-profile insider trading case since Martha Stewart, Internet millionaire and NBA franchise owner Mark Cuban was charged with selling shares of Mamma.com Inc. after receiving non-public information about a proposed private investment in public equity (PIPE) investment.
November 24, 2008 – Genworth Financial has named Ronald Joelson its new chief investment officer. Joelson joins Genworth from JPMorgan Asset Management where he was managing director of insurance strategic markets since July 2007.
November 7, 2008 – By all accounts, 2007 opened strongly and issuance was cruising along much as it had for the past three years in the private market. There was high deal flow and high demand. New issue spreads were ratcheting tighter and tighter, so tight that relative value versus publics was becoming a major concern, and covenants continued to be scarce and difficult to obtain.
Exclusive data on top players in capital markets
Partner
Firm: Bingham McCutchen
Most Recent US private placements
Allete | $80.0 |
Peoples Gas | $57.0 |
Donaldson | $80.0 |
River Fuel Funding | $70.0 |
Yankee Gas | $100.0 |
National Australia Bank was in the market last week with a small private placement for Australia-based mining company Iluka Resources Ltd. When it prices it will be one of only three Aussie deals to price in what has been a turbulent half with few foreign deals hitting the market.