Sparebanken Prices EUR1 Bln 2015 2.5% Covered Bond At 99.884
16th Jun 2010 14:51
LONDON (Dow Jones)--Sparebanken 1 Boligkreditt AS has priced its EUR1 billion, five-year, covered bond at 45 basis points over midswaps, one of the banks leading the deal said Wednesday. Barclays Capital, Credit Suisse Group, Danske Bank AS, Societe Generale SA and UniCredit SpA were lead manage
Read moreBarclays Bank Prices EUR400M 2013 FRN Tap At 98.611
16th Jun 2010 14:29
LONDON (Dow Jones)--Barclays Bank PLC (BCS) has priced the EUR400 million tap of its 2013 floating rate note at 80 basis points over three-month Euribor, one of the banks running the deal said Wednesday. The additional brings the total size to EUR2.56 billion. Terms are as follows: Amount:
Read moreDanske Bank Sets 12-Year Covered Bond Pricing At Swaps +0.75 Area
16th Jun 2010 08:46
LONDON (Dow Jones)--Danske Bank AS (DANSKE.KO) has set price guidance on its 12-year covered bond in the area of 75 basis points over mid-swaps, one of the banks running the sale said Wednesday. The bond will be at least EUR500 million in size and is expected to price later Wednesday, subject to
Read moreDanske Bank Plans Euro Benchmark Covered-Bond Issue
15th Jun 2010 13:43
LONDON (Dow Jones)--Danske Bank AS (DANSKE.KO) is planning a euro-denominated, benchmark-sized covered bond via lead managers Barclays Capital, BNP Paribas SA, Danske Bank and HSBC Holdings PLC. The deal is expected to price this week, subject to market conditions. Danske Bank is rated tripl
Read moreCFF Prices EUR600M 2025 Covered Bond At 99.369, Swaps +0.75
15th Jun 2010 13:29
LONDON (Dow Jones)--Compagnie de Financement Foncier, or CFF, the covered-bond issuing unit of French mortgage lender Credit Foncier de France SA (12081-FR), has priced its EUR600 million, 2025, covered bond through Barclays PLC, Natixis and UniCredit SpA, one of the banks said Tuesday. Terms ar
Read moreCFF To Price EUR600 Mln 15-Year Covered Bond At Swaps +0.75
15th Jun 2010 13:00
LONDON (Dow Jones)--Compagnie de Financement Foncier, or CFF, the covered-bond issuing unit of French mortgage lender Credit Foncier de France SA (12081-FR), has set price guidance on its EUR600 million, 15-year covered bond in the area of 75 basis points over mid-swaps, one of the banks running the
Read morePRESS RELEASE: S&P Raises SLB Rtgs To AA-/A-1+; Off Watch Pos; Rtgs Withdrawn
15th Jun 2010 12:16
The following is a press release from Standard & Poor's: -- Following completion of the transfer of Standard Life Bank PLC's (SLB) assets and liabilities to Barclays Bank PLC (Barclays), Barclays has become the direct or indirect obligor in respect of the outstanding rated debt formerly issued
Read moreSpareBank Plans Euro Benchmark Covered-Bond Issue
15th Jun 2010 10:48
LONDON (Dow Jones)--Norway's SpareBank 1 Boligkreditt AS is planning a euro-denominated, benchmark-sized covered bond, one of the banks working on the deal said Tuesday. Barclays PLC, Credit Suisse Group, Danske Bank, UniCredit SpA, and Societe Generale SA are joint lead-managers on the deal.
Read moreCFF Sets Pricing On 15-Year Covered Bond At Swaps +0.75 Area
15th Jun 2010 10:19
LONDON (Dow Jones)--Compagnie de Financement Foncier, or CFF, the covered-bond issuing unit of French mortgage lender Credit Foncier de France SA (12081-FR), has set price guidance on its 15-year covered bond in the area of 75 basis points over mid-swaps, one of the banks running the sale said Tuesd
Read moreBanks To Sell Down SAP's Sybase Loan On Tender Close -Sources
14th Jun 2010 13:13
By Carol Dean Of Dow Jones Newswires LONDON (Dow Jones)--Banks arranging German business software maker SAP AG's (SAP) EUR2.75 billion loan financing to back its $5.8 billion acquisition of software company Sybase Inc., are likely to sell down the debt in syndication after the tender offer c
Read moreETF INVESTOR: Copper ETFs Hit By Economic Woes, Stronger Dollar
14th Jun 2010 12:52
By John Spence A DOW JONES COLUMN Copper exchange-traded funds are deep in the red for 2010 despite recovering somewhat last week, as concerns about the global economy and a rising U.S. dollar have weighed on returns. After peaking in April, copper is on its longest slide in more than a
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
14th Jun 2010 10:05
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0905 GMT [Dow Jones] Exane BNP Paribas cuts Barclays (BARC.LN) price target to 380p from 400p. With extreme regulatory and po
Read moreMARKET TALK: Exane BNP Paribas Cuts Barclays Price Target
14th Jun 2010 10:05
0905 GMT [Dow Jones] Exane BNP Paribas cuts Barclays (BARC.LN) price target to 380p from 400p. With extreme regulatory and political uncertainty ahead and as clarity on these may not be forthcoming for years, Barclays is unlikely to trade at any material premium to book. Also although Barclays Capit
Read moreMARKET TALK: BOA Merrill Cuts Barclays Price Target, EPS
14th Jun 2010 08:53
0753 GMT [Dow Jones] Bank of America Merrill Lynch cuts Barclays (BARC.LN) price target to 420p from 500p. After a turbulent 2Q for investment banks and a disappointing 1H'10 for Barclays, the brokerage cuts its above-consensus '10 EPS forecast to 30.74p from 35.23p. Given the more uncertain macro a
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
14th Jun 2010 08:53
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0753 GMT [Dow Jones] Bank of America Merrill Lynch cuts Barclays (BARC.LN) price target to 420p from 500p. After a turbulent
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