Turkey Mandates Banks For March 30, 2021 Eurobond -IHA
29th Jul 2010 13:20
ISTANBUL (Dow Jones)--The Turkish Treasury said Thursday that it has mandated Barclays Capital and Goldman Sachs to reopen its 2021, dollar-denominated Eurobond, the Ihlas News Agency, or IHA, reported. The treasury didn't give any further details in its statement. Agency Websites: www.iha.
Read moreSAP Sets Price Guidance On Two-Tranche Euro Bond Issue
29th Jul 2010 12:52
LONDON (Dow Jones)--German business software provider SAP AG (SAP) has set price guidance on its two-tranche bond issue, one of the banks running the sale said Thursday. The three-year, EUR600 million bond will price at 60 basis points over midswaps, while the 18-month, EUR500 million tranche is
Read morePRESS RELEASE: Moody's Affirmed The Rating Of Eur 1,251 Million Of Commercial Real Estate Loans Advanced To Tree Inversiones Inmobiliarias, S.A.
29th Jul 2010 11:07
The following is a press release from Moody's Investors Service: EUR 1,251 million of Commercial Real Estate Loans affected London, 29 July 2010 -- Moody's Investors Service has today affirmed the ratings of two commercial real estate loans advanced to Tree Inversiones Inmobiliarias, S.A. (the "
Read morePRESS RELEASE: Moody's Affirmed The Rating Of Eur -2-
29th Jul 2010 11:07
CREDIT RATINGS ARE MOODY'S INVESTORS SERVICE, INC.'S ("MIS") CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES. MIS DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT MEET ITS CONTRACTUAL, FINANCIAL OBLIGATIONS AS THEY COME DUE A
Read moreGazprombank Plans Four-Year Dollar Benchmark Bond Issue
29th Jul 2010 10:52
LONDON (Dow Jones)--Russia's Gazprombank (GZPR.RS), the financing arm of natural gas monopoly OAO Gazprom (GAZP.RS), is planning to issue a four-year, dollar-denominated benchmark bond, one of the banks running the sale said Thursday. Barclays Capital, UBS AG (UBS) and the Royal Bank of Scotland
Read morePirelli Mulls 5-Year Bond Worth Up To EUR1 Billion - Report
29th Jul 2010 08:15
ROME (Dow Jones)--The board of directors at Pirelli & C. SpA (PC.MI) will discuss the sale of a five-year bond worth between EUR750 million and EUR1 billion to institutional investors, writes daily La Stampa Thursday, without citing its sources. Barclays Capital will act as documentation manager
Read moreRBS, Barclays, Lloyds Near Deal On Connaught Cash Injection - FT
29th Jul 2010 01:43
DOW JONES NEWSWIRES RBS, Barclays and Lloyds Banking Group are close to a deal that would inject cash into U.K. support services firm Connaught PLC (CNT.LN), the Financial Times reported Wednesday, citing unnamed sources. Terms for the injection were unclear, the paper said on its web site.
Read morePRESS RELEASE: Barclays Capital Launches Retirement Income Notes
28th Jul 2010 18:25
NEW YORK--(BUSINESS WIRE)--July 28, 2010-- Barclays Capital today announced the launch of Barclays Retirement Income Notes(TM), a suite of products which seek to provide a cost-efficient, transparent and flexible alternative for generating retirement income. Level-Pay Notes and Inflation-Indexed
Read moreLondon close: Thumbs down for company updates
28th Jul 2010 16:36
Company updates gave traders plenty to mull over and after an uncertain start to the day, shares closed firmly in the red. Centrica slipped even after the British Gas owner's underlying interim profits jumped 65%. Earnings in the half-year to June rose to £886m from £537m on revenues of £11.7bn, ba
Read moreUBS Hires Three From BarCap For Electronic Currencies Trading
28th Jul 2010 15:35
LONDON (Dow Jones)--UBS AG (AG) has hired three people to bolster its electronic currencies trading business, the firm said Wednesday. The new hires previously worked at Barclays Capital (BARC.LN) and will join in October, based in London, the bank said. Barclays Capital declined to comment.
Read moreGermany's L-Bank Prices EUR1 Bln 2.125% 2015 Bond At 99.892
28th Jul 2010 15:22
LONDON (Dow Jones)--Landeskreditbank Baden-Wuerttemberg, or L-Bank, has priced its EUR1 billion, 2015-dated bond via Barclays Capital PLC, Commerzbank AG, JPMorgan Chase & Co. and UniCredit SpA, one of the banks said Wednesday. The deal is guaranteed by the German Federal State of Baden-Wuerttem
Read moreLondon afternoon: US durable goods blow for equities
28th Jul 2010 14:56
With US markets opening on a weak note leading stocks in London have continued their downward drift. US stocks fell back after US durable goods orders in June fell for a second successive month. June's 1% fall was in contrast to expectations of a rise of similar magnitude. Centrica is in retreat ev
Read moreUPDATE:L-Bank To Price EUR1 Billion 5-Year Bond At Swaps -0.05
28th Jul 2010 12:34
(Adds details) By Art Patnaude and Mark Brown Of Dow Jones Newswires LONDON (Dow Jones)--Landeskreditbank Baden-Wuerttemberg, or L-Bank, will price its EUR1 billion, 2015-dated bond at five basis points below midswaps, one of the banks running the sale said Wednesday. Pricing will be a
Read moreLondon midday: Shares turn south
28th Jul 2010 12:17
Mining stocks are doing their bit to shore up the Footsie but the majority of leading shares are now in retreat, including most of the big names that issued corporate updates today. Higher metal prices boost demand for miners such as Xstrata, Vedanta and BHP Billiton. Rio Tinto is also wanted after
Read moreGermany's SAP Plans Euro-Denominated Bond Issue
28th Jul 2010 11:37
LONDON (Dow Jones)--German business software provider SAP AG (SAP) is planning a euro-denominated bond issue with Barclays Capital PLC and Deutsche Bank AG as joint bookrunners, one of the banks said Wednesday. The bond is expected to launch in the near future, subject to market conditions.
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