GLOBALCAPITAL INTERNATIONAL LIMITED, a company
incorporated in England and Wales (company number 15236213),
having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

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 364,786 results that match your search.364,786 results
  • Asia
    UBS launches $500m Nichiei landmark sale
    UBS LAUNCHED a near $500m international offer for Nichiei on Wednesday in what is likely to be the largest international stock offering from Japan this year. Nichiei, the second largest finance provider in Japan, has a p/e ratio of 30 times March 1997 earnings. The 144a transaction consists of 4m new shares, a 500,000 greenshoe and a 500,000 sell-off by current shareholders.
    September 19, 1997
  • Asia
    Uncertainty clouds Korean equity deals as market and aggressive pricing hit Dacom
    EQUITY ISSUERS from Korea have faced a second testing week, with investor resistance to two telecoms-related transactions from Dacom and SK Telecom increasing the uncertainty as to the correct pricing levels for new issues. The fate of a $200m convertible from fixed line operator Dacom remains unclear. Lead managers Dresdner Kleinwort Benson and Dongwon Securities will still not clarify whether the issue it to be completed or postponed.
    September 19, 1997
  • Asia
    Asian deal news in brief
    * Malaysia has issued its first government bond in an attempt to revive the local market. The three year M$1bn zero-coupon bond was issued via state-owned Khazanah Nasional, and carried a government guarantee. Competitive tendering for the bonds closed on Wednesday at an average yield of 7.821%. The government hopes to build an efficient yield curve through quarterly auctions of at least M$500m apiece of Khazanah bonds, with maturities of three, five, seven at 10 years.
    September 19, 1997
  • Asia
    Belle to test demand for Filipino property credits
    PHILIPPINES property developer Belle Corporation is to attempt a re-opening of the fixed income sector for issuers from the republic, with plans to launch a $125m FRN on Monday. Led by Deutsche Morgan Grenfell using loan style syndication, the issue has an unusual structure comprising a one year tenor with six month put and call options. Bankers said that since credit spreads between the one and five year sector have become so steep, longer term funding has become prohibitively expensive.
    September 19, 1997
  • Asia
    Thai Airways sale close to approval despite doubts over privatisation schedule
    PLANS to kick start Thailand's privatisation programme and raise much needed funds to ease the kingdom's financial crisis are being revived by the prospect of a government sell-down in Thai International Airways. Local bankers commented that a $250m to $300m divestment is in the final stages of receiving cabinet approval, with the company hoping to file an offering with the Stock Exchange of Thailand (SET) by November.
    September 19, 1997
  • Asia
    Thai finance houses take new ratings hit from S&P
    STANDARD & Poor's downgraded a number of Thai banks this week in a further blow to the financial sector's already stricken credit outlook. The senior debt of Bangkok Bank and IFCT was downgraded from the sovereign A- level to BBB+, Bank of Ayudhya from BBB to BBB- and Phatra Thanakit from BBB- to BB+.
    September 19, 1997
  • Asia
    World Bank, EIB end new issue dearth in HK$ bonds
    WITH international attention focusing on Hong Kong ahead of next week's IMF/World Bank meetings, the World Bank and the European Investment Bank this week ended the dearth in the Hong Kong dollar primary bond market with a pair of new issues. Since US agency Fannie Mae launched the sector's first global bond on July 9, Asia's currency crisis has frustrated new issuance, with speculative attacks on the Hong Kong dollar causing secondary market spreads to widen sharply.
    September 19, 1997
  • Emerging Markets
    Demand for Russian paper hits heights as VTB and Rossiyskiy attract increases
    DEBUT Euromarket issues for two of Russia's leading banks this week proved that the bid for Russian assets remains as strong as ever with both transactions emerging for larger than expected amounts. First to hit the screens was a $200m two year FRN for trade finance bank Vneshtorgbank (VTB).
    September 19, 1997
  • Emerging Markets
    News in brief
    * The Russian region of Nizhny Novgorod will today (Friday) become the first Russian region to tap the international bond markets with a debut offering under the lead of ING Barings. The Ba2/BB- rated region is to launch a $100m five year Euro/144A issue.
    September 19, 1997
  • Emerging Markets
    Panama global expected to surface at $750m and 250bp after Brady exchange settled
    PANAMA will today (Friday) announce the results of its 30 year global bond exchange offer -- a deal expected to emerge for around $750m in size. The offering, led by JP Morgan and BancBoston, has a price talk of 225bp to 250bp and bank sources not involved with the deal were last night expecting the clearing spread on its 30 year bond to be set at 250bp.
    September 19, 1997
  • Emerging Markets
    Turkey scores a US hit with $600m debt issue
    THE Republic of Turkey enjoyed a blow-out reception for its $600m 10 year Euro/144A offering this week, confounding the predictions of some market participants that the B1/B rated sovereign would struggle to attract a strong US investor bid for its paper. At $600m the transaction was the country's largest ever dollar issue and at 10 years its longest dated international bond since it lost its investment grade status in 1994.
    September 19, 1997
  • Emerging Markets
    Bachoco ADS issue priced at lowest end of price range as Latin issuers form queue
    SIGNS of a possible dimming of investor interest in Latin new issues emerged last night (Thursday) when Bachoco, the Mexican chicken processor, priced its equity offering at the lowest end of its price talk. The deal, led by JP Morgan, was priced at $17 per share, compared with a $17 to $19 indicated range. A total of 7.5m ADSs (with each ADS representing one B share and one L Share) were offered in the US, internationally and domestically.
    September 19, 1997
Previous
1
...
30378
30379
30380
30381
30382
...
30398
Next