Intesa Sanpaolo
-
Four Seasons Health Care — Gazprom — Angola — Addnode Group
-
Banca Imi has hired a senior Barclays convertible bond salesman to head its equity-linked sales drive.
-
The senior FIG market’s new year surge accelerated on Thursday, with another five new issues announced in the wake of Wednesday’s successful prints. Attractive new issue premiums have kept demand high for senior unsecured prints, according to syndicate managers.
-
Insurance capital is finding unexpected favour even as most other European debt markets are stopped in their tracks. With insurers rushing to take in fresh subordinated debt ahead of new EU regulations next month, and investors increasingly receptive to higher yielding instruments from a less volatile sector than banks, more than €2.3bn ($2.85bn) of deals emerged this week. And as Nathan Collins and Graham Bippart report, more could emerge in the coming days. -
Auctions will be the main source of euro issuance from sovereigns, supranationals and agencies for the rest of the year, after the European Stability Mechanism this week opted against sounding banks for a syndication during its last deal window next week. But the market was strong for issuers that did come this week, with a pair of deals priced at the tight end of initial price thoughts.
-
-
Spain could wrap up its funding target for the year at an auction of three and five year debt on Thursday, but while the yield is likely to fall on the shorter bond the longer dated paper’s yield is set to rise. Meanwhile, Cassa Depositi e Prestiti looked set to pass its first syndication test since May after setting pricing on a January 2018 bond at the tight end of initial price thoughts on Wednesday.
-
Publicis Groupe's $3.5bn loan for its acquisition of Sapient, the marketing and consulting company, is near closing, according to a banker working on the deal. A syndicate of relationship banks has been invited.
-
Investment banking profits look poor at the two big Italian banks, UniCredit and Intesa’s investment bank Banca IMI.
-
Pirelli, the Italian tyre producer, launched its first bond for two years on Thursday, and its first in euros since February 2011, and achieved a tremendous blowout, with a book of well over €5bn before reconciliation.
-
Pirelli, the Italian tyre producer, launched its first bond for two years today, and its first in euros since February 2011, and achieved a tremendous blowout, with a book of well over €5bn before reconciliation.
-
Rights and shares in Societa Cattolica di Assicurazione, the Italian insurance company, began trading separately today for the first time.
