Crown European Holdings Sells EUR500M 7.125% 8Y NC4 Bond At Par
21st Jul 2010 18:47
LONDON (Dow Jones)--Packaging products supplier Crown European Holdings SA has priced a EUR500 million bond via joint-lead managers Bank of America Merrill Lynch, Barclays PLC, BNP Paribas SA, Citigroup, Deutsche Bank AG and Royal Bank of Scotland Group PLC, with the following terms, one of the bank
Read moreCrown European Holdings Plans EUR350M 2018 High Yield Bond
21st Jul 2010 09:54
LONDON (Dow Jones)--Packaging products supplier Crown European Holdings SA is planning to issue EUR350 million of senior notes maturing in 2018 and non-callable for four years, one of the banks running the transaction said Wednesday. The proceeds of the issue will be used to fund the redemption
Read moreDSGI To Price GBP150M 5-Year Bond To Yield 9%-9.25%
21st Jul 2010 09:00
LONDON (Dow Jones)--Electrical and computing retailer DSG International PLC (DSGI.LN) will price its expected GBP150 million, five-year bond issue to yield between 9% and 9.25%, one of the banks leading the deal said Wednesday. Barclays Capital, BNP Paribas SA, Citigroup Inc., HSBC Holdings and
Read moreChina Extends Interest Rate Swaps Trading To All Insurers
21st Jul 2010 05:20
China Insurance Regulatory Commission has ended a trial program that allowed selected insurers to use interest rate swaps to hedge against interest rate risks, and extended the hedging tool to the entire industry. In a notice posted on the commission's website Tuesday, CIRC said insurance compan
Read morePRESS RELEASE: Moody's Assigns Provisional Rating To Barclays Index-Linked-Coupon Notes
21st Jul 2010 02:55
The following is a press release from Moody's Investors Service: AUD [10] million of debt securities affected Hong Kong, July 21, 2010 -- Moody's Investors Service has assigned a provisional rating to the following notes: (P)Aa3 to the AUD [10,000,000] Index Linked Notes due [September 2016], S
Read moreGentiva Loan Pushed Back Amid Soft Demand, SEC Probe
21st Jul 2010 00:16
By Katherine Greene Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--If Gentiva Health Services (GTIV) wants to secure the $600 million it needs to buy Odyssey Healthcare (ODSY), it may have to give lenders better terms or more money. The banks arranging Gentiva's loan have postponed closing
Read moreCORRECT: Four Seasons In Talks To Buy Care Principles From Barclays
20th Jul 2010 22:12
("=Four Seasons In Talks To Buy Care Principles From Barclays," published at 1755 GMT, misstated the Barclays entity involved in the talks. A corrected version follows.) By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Four Seasons Health Care is in talks to buy Care Princi
Read morePRESS RELEASE: Fitch Corrects Ratings of City of Houston, TX's Combined Utility Sys CP Notes, Series B-4 & B-5
20th Jul 2010 20:20
The following is a press release from Fitch Ratings: Fitch Ratings-New York-20 July 2010: Fitch Ratings corrects the ratings assigned on June 8, 2010 to the City of Houston, Texas' combined utility system commercial paper notes, series B-4 and B-5. The rating assigned to the $100,000,000 series
Read moreUS Banks Pay Bulk Of GBP2.5B UK Bonus Tax, Hitting Earnings
20th Jul 2010 18:20
By Margot Patrick Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.S. banks have paid the bulk of the U.K.'s GBP2.5 billion ($3.8 billion) bonus tax that was designed to curb excessive pay, hitting their second-quarter earnings while creating a windfall for the U.K.'s new government. Accordi
Read moreEU Clears Germany's SAP To Buy U.S. Software Vendor Sybase
20th Jul 2010 17:00
BRUSSELS (Dow Jones)--The European Commission Tuesday cleared German business software company SAP (SAP) to buy U.S. software vendor Sybase (SY). The deal is SAP's largest since its 2007 $6.8 billion buy of Business Objects SA. It comes as the company attempts to keep pace with competitor Oracle
Read moreFinancing Offered For NBTY Bid To Compete With Carlyle-NY Post
20th Jul 2010 13:32
DOW JONES NEWSWIRES Wall Street lenders are willing to fund a bid to compete with Carlyle Group's $3.5 billion offer for NBTY Inc. (NTY), although whether bidders are still interested in the vitamin and nutritional-supplement maker is in question, the New York Post reported Tuesday on its webs
Read moreIDBI Bank Plans To Meet USD Bond Investors In July 26 Week - Sources
20th Jul 2010 12:41
MUMBAI (Dow Jones)--India's IDBI Bank (500116.BY) plans to meet potential investors in its U.S. dollar denominated bond program next week, three bankers involved in the matter said Tuesday, amid speculation that the bank may soon launch an issue. IDBI will hold a series of meetings with investor
Read moreBarclays Offer For Tricorona Wholly Unconditional >BARC.LN
20th Jul 2010 07:27
LONDON (Dow Jones)--U.K. bank Barclays PLC (BARC.LN) said Tuesday that all conditions to the offer for Tricorona AB (TRIC.SK) have now been satisfied or waived and accordingly, the offer is declared unconditional in all respects. MAIN FACTS: -On June 2 Barclays announced a recommended cash o
Read moreBarclays Plc Offer For Tricorona Unconditional In All Respects
20th Jul 2010 07:00
TIDMBARC RNS Number : 5855P Barclays PLC 20 July 2010 ? 20 July 2010 Barclays PLC announces offer for Tricorona unconditional in all respects On 2 June 2010, Barclays PLC ("Barclays") announced a recommended cash offer by its
Read moreUPDATE: UK Cable: New Bank Lending Targets Still An Option
19th Jul 2010 17:12
(Adds detail, context) By Laurence Norman and Jonathan Buck Of DOW JONES NEWSWIRES FARNBOROUGH, England (Dow Jones)--U.K. Business Secretary Vince Cable confirmed Monday the new government is still weighing up new lending targets for the part-nationalized banks but said that it is only o
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