Head of Credit, Europe
+31 year(s) experience
He covers real-time news on primary issuance and secondary flow, price fluctuations and event risk in the cash credit bond markets for the real-time IGM service. This includes deal previews incorporating relative value on pipeline and ‘live’ bond issues, and subsequent analysis of executed deals.
Andrew joined IGM in 2013 as a Senior Credit Analyst and has been managing the European credit operation since May 2015.
He focuses on all aspects of the European credit market, including the investment grade corporate, high yield and emerging markets.
He has worked at market-leading institutions including International Financing Review (IFR), Thomson Reuters and Market News International (MNI).
IGM Credit, IGM FX and Rates
It was a productive first day in the office for Tencent Music Entertainment Group (TME Group) which received a very enthusiastic response from investors for its inaugural US$-denominated bond issue on Wednesday. The largest music streaming platform in China, TME Group is majority owned by Chinese technology giant Tencent Holdings Limited (A1/A+/A+) which has a 55.6% stake in the group, and is rated once notch below its parent at A2/A/A (all stable). "The A2 issuer rating incorporates Tencent Music's underlying credit strength and a two-notch uplift, reflecting the high likelihood of the company receiving strong support from its parent, Tencent Holdings Limited (A1 stable), in times of need", noted Moody's Investor Service...
Topic Industry News