PRESS RELEASE: Moody's Determines Signature 6 Proposal Will Not Cause Rating Change
9th Jun 2010 19:20
The following is a press release from Moody's Investors Service: New York, June 09, 2010 -- Moody's Investors Service has determined that entry by Signature 6 Limited (the "Issuer"), a cash flow CBO, into a novation agreement between the Issuer, AIG Financial Products Corp. (the "Transferor") and
Read morePRESS RELEASE: Moody's Determines Independence Vi Proposal Will Not Cause Rating Change
9th Jun 2010 19:19
The following is a press release from Moody's Investors Service: New York, June 09, 2010 -- Moody's Investors Service has determined that entry by Independence VI CDO, Ltd. (the "Issuer"), a cash flow ABS CDO, into a novation agreement between the Issuer, AIG Financial Products Corp. (the "Transf
Read morePRESS RELEASE: Moody's Determines Straits Global Cdo I Proposal Will Not Cause Rating Change
9th Jun 2010 19:16
The following is a press release from Moody's Investors Service: New York, June 09, 2010 -- Moody's Investors Service has determined that entry by Straits Global ABS CDO I, Ltd. (the "Issuer"), a cash flow ABS CDO, into a novation agreement between the Issuer, AIG Financial Products Corp. (the "T
Read moreAareal Bank Prices EUR500M 2013 1.75% Covered Bond At 99.759
9th Jun 2010 13:29
LONDON (Dow Jones)--Aareal Bank (ARL.XE) of Germany has priced its EUR500 million, 2013-dated covered bond at 25 basis points over midswaps, one of the banks working on the deal said Wednesday. Barclays PLC, DZ Bank, HSBC Holdings PLC, Landesbank Baden-Wuerttemberg and UniCredit SpA are joint-le
Read moreECB WATCH: Higher 2010 Inflation, GDP Won't Prompt Rate Move
9th Jun 2010 13:20
By Nina Koeppen Of DOW JONES NEWSWIRES FRANKFURT (Dow Jones)--European Central Bank President Jean-Claude Trichet on Thursday will defend the ECB's turnaround on buying sovereign debt and present fresh economic projections for the euro zone. With the ECB expected to keep its benchmark r
Read moreFrance's BPCE Plans Euro Benchmark 18-Month FRN Issue
9th Jun 2010 13:16
LONDON (Dow Jones)--BPCE, France's second-largest retail bank in terms of deposits, plans to launch an 18-month, euro, benchmark, floating-rate note via lead managers Natixis, Barclays PLC and Deutsche Bank AG, one of the banks leading the deal said Wednesday. Price guidance on the deal has been
Read more2nd UPDATE: RBS To Sell EUR1.25B Three-Year Covered Bond
9th Jun 2010 13:13
(Updates pricing information, adds detail.) By Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Royal Bank of Scotland Group PLC (RBS) has set the final terms on its inaugural covered bond issue, a banker involved in the transaction said Wednesday. The three-year deal will be EU
Read moreEXTRA CREDIT: Consumer Loan-Backed Market Grinds To Halt
9th Jun 2010 12:36
(This article was originally published Tuesday.) By Anusha Shrivastava A DOW JONES NEWSWIRES COLUMN NEW YORK (Dow Jones)--Not a single new consumer loan-backed bond has been sold in two and a half weeks, as broader market volatility and regulatory changes have muffled the $700 billion ma
Read moreBovis Homes Launches New Mortgage With Barclays
9th Jun 2010 11:48
LONDON (Dow Jones)--Bovis Homes Group PLC (BVS.LN), company involved in designing, building and selling homes for both private and public sector, announced Wednesday the launching of a new innovative mortgage product in partnership with Barclays PLC (BARC.LN). MAIN FACTS: -To support its cus
Read moreUPDATE: RBS Plans 3-Yr Euro Covered Bond At Swaps +125 Area
9th Jun 2010 09:31
(Adds background, details, comment) by Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Royal Bank of Scotland Group PLC (RBS) is planning its first ever issue of covered bonds, a syndicate official at the bank said Wednesday. Guidance on the three-year, euro-denominated deal ha
Read moreAareal Bank Plans EUR500M 2013 Covered Bond
9th Jun 2010 09:20
LONDON (Dow Jones)--Aareal Bank (ARL.XE) of Germany is planning to issue a 2013-dated EUR500 million covered bond, one of the banks working on the deal said Wednesday. Barclays PLC, DZ Bank, HSBC Holdings PLC, Landesbank Baden-Wuerttemberg and UniCredit SpA have been hired as joint-lead managers
Read morePRESS RELEASE: Moody's Assigns (P)Rating To Barclays Index Linked Coupon Notes
9th Jun 2010 02:43
The following is a press release from Moody's Investors Service: AUD [50] million of debt securities affected Hong Kong, June 09, 2010 -- Moody's Investors Service has assigned a provisional rating to the following notes: (P)Aa3 to the AUD [50,000,000] Index Linked Notes due [10 August 2016], S
Read morePRESS RELEASE: Moody's Assigns (P)Rating To Barclays Index Linked Coupon Notes
9th Jun 2010 02:40
The following is a press release from Moody's Investors Service: AUD [50] million of debt securities affected Hong Kong, June 09, 2010 -- Moody's Investors Service has assigned a provisional rating to the following notes: (P)Aa3 to the AUD [50,000,000] Index Linked Notes due [24 August 2016], S
Read moreUPDATE:EXTRA CREDIT: Consumer Loan-Backed Mkt Grinds To Halt
8th Jun 2010 21:14
(Adds description of the bonds in first paragraph.) By Anusha Shrivastava A DOW JONES NEWSWIRES COLUMN NEW YORK (Dow Jones)--Not a single new consumer loan-backed bond has been sold in two and a half weeks, as broader market volatility and regulatory changes have muffled the $700 billion
Read moreEXTRA CREDIT: Consumer Loan-Backed Market Grinds To A Halt
8th Jun 2010 20:19
By Anusha Shrivastava A DOW JONES NEWSWIRES COLUMN NEW YORK (Dow Jones)--There's a deafening silence in the consumer loan-backed bond market as broader market volatility and regulatory changes have muffled the sale of new issues, which help credit flow in the economy. No new bonds have b
Read more