© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Search results for

Tip: Use operators exact match "", AND, OR to customise your search. You can use them separately or you can combine them to find specific content.
There are 369,540 results that match your search.369,540 results
  • Korean banks continued their onslaught on the dollar market this week, as they seek cheap re-financing ahead of the October 8 deadline for the next coupon payment under the government's exchange programme. Korea Development Bank (KDB) made its second splash of the year in the sector yesterday (Thursday) with the launch of a $500m three year fixed rate offering via sole lead JP Morgan.
  • Slovakia's gas transit monopoly Slovensky Plynarensky Priemysel (SPP) will next week host investor presentations for a Eu150m five year debut euro offering in Europe. Visits to Frankfurt, London, Paris and Vienna are planned for the period September 27-October 1. Earlier this month SPP was assigned sovereign ceiling Ba1 and BB+ ratings from Moody's Investors Service and Fitch IBCA.
  • n Rabobank Rating: Aaa/AAA
  • n HFC Bank plc Guarantor: Household Finance Corp
  • Stagecoach, the UK's biggest transport group, is receiving a strong investor response to its £400m capital increase launched in London this week. Credit Suisse First Boston is leading the transaction, to raise proceeds that will partially fund the company's purchase of Coach USA. The deal is being structured as an open offer with pre-emptive rights, rather than a traditional rights issue, and this will result in some £200m in new stock being placed with new investors.
  • n Nederlandse Waterschapsbank NV Rating: Aaa/AAA
  • Conditions in the US dollar market remain tough for Latin American corporate issuers, with Mexican cement company Cemex having to widen the spread talk on its forthcoming transaction and a number of structured deals making slow progress. Cemex is gearing up to launch its $200m 10/put five year deal, led by Chase, as early as today (Friday) at a spread in the 387.5bp to 412.5bp range - slightly wider than the original 375bp to 400bp that participants were expecting.
  • Barclays and Greenwich NatWest have won the mandate to arrange a £250m three year revolving credit for Greenalls Group Plc, the company that last week agreed to sell its pubs, restaurants and budget hotels to Scottish & Newcastle. The facility will be Greenalls' new core funding facility.
  • US new issues are starting to take off again after a three week lull, but the pace will not pick up fully until next week. It was mainly hi-tech and internet names that grabbed the headlines this week, showing that investor appetite for the sector has not waned.
  • Uruguay surprised the market this week by offering investors an attractively priced $150m reopening of its 30 year 2027 global bonds in exchange for its rarely traded collateralised Bradys. The new 2027 bonds, underwritten by Chase, were given a clearing spread of 195bp over the 2029 Treasury, at the wide end of its 180bp to 195bp guidance and compared with a 181bp/175bp closing level on its existing 2027s.
  • n British Gas International Finance BV Guarantor: BG plc
  • BANKS HAVE just a few more days to commit to Vivendi's latest loan market facility, an Eu2.5bn five year revolving credit. SG was mandated late on Friday last week after a tough contest with other French banks including BNP. SG gave banks 10 days to join the deal as either senior underwriting co-arrangers committing Eu250m with a final hold of Eu175m for a 7.5bp underwriting fee and 15bp participation fee or co-arrangers committing Eu150m for a 12.5bp participation fee.