HSBC Chief Warns Over Plans To Break Up Banks- Newspaper
11th Jul 2010 13:20
LONDON (Dow Jones)--HSBC Holdings PLC (HSBA.LN) chairman Stephen Green has revealed serious concerns about the future strength of the economically vital banking sector, which is under threat of new regulations, The Sunday Telegraph said citing an interview. Green told the newspaper that the like
Read moreIntercity Trains In GBP1.7Bln Sell-Off- Newspaper
11th Jul 2010 12:51
LONDON (Dow Jones)--A consortium of City investors is close to seizing control of a third of Britain's trains for about GBP1.7 billion, said U.K. newspaper The Times on Sunday citing sources close to the situation. The investors, 3i Infrastructure PLC (3IN.LN), Morgan Stanley Infrastructure and
Read moreSunday newspaper round-up: BP, Lloyds, Daily Mail
11th Jul 2010 11:03
BP is in exclusive talks to sell up to $12bn (£8bn) of assets to Apache Corporation, an American rival, including a big stake in Alaska's Prudhoe Bay, the largest oil field in North America, the Sunday Times reports. Apache approached BP with the plan a few weeks ago. Negotiations are under way ove
Read morePhoenix Pharmahandel EUR506M 4-Year Bond To Yield 10%
9th Jul 2010 17:05
LONDON (Dow Jones)--German pharmaceutical distribution company Phoenix Pharmahandel GmbH's new EUR506 million, four-year, high-yield bond is to yield 10%, one of the banks working on the deal said Friday. Joint bookrunners on the deal are Deutsche Bank AG, Bayerische Landesbank, Commerzbank AG,
Read more2nd UPDATE: Europe Banks Tap Bond Market As Sentiment Improves
9th Jul 2010 16:28
(Adds information, comment) By Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--European banks are taking advantage of better sentiment in bond markets to raise money after sovereign bond market volatility limited issuance in May and June. HSBC Bank PLC of the U.K. sold a EUR1.5
Read moreUPDATE: European Banks Tap Bond Markets As Sentiment Improves
9th Jul 2010 16:04
(Adds information, background, comment) By Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--European banks are taking advantage of better sentiment in bond markets to raise money after sovereign bond market volatility limited issuance in May and June. HSBC Bank PLC of the U.K. s
Read moreUK DMO: To Reopen 0.625% 2040 Index-Linked Gilt In July
9th Jul 2010 15:46
LONDON (Dow Jones)--The syndicated, index-linked U.K. gilt issue planned for July will be a reopening of the 0.625% index-linked gilt due 2040, the U.K. Debt Management Office said Friday. The DMO expects the sale to take place in the second half of the month, subject to market conditions. T
Read more2nd UPDATE: Care UK Plans Bond To Finance Bridgepoint Buyout
9th Jul 2010 15:38
(Adds lead managers.) By Michael Wilson Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Care UK Health and Social Care PLC, the parent company of Care UK Limited, plans to sell GBP250 million of seven-year senior secured bonds to finance the acquisition of the company by private-equity compan
Read moreSchneider Electric Prices Two-Part Bond Issue
9th Jul 2010 15:26
LONDON (Dow Jones)--French electrical equipment maker Schneider Electric SA (SU.FR) has priced its six- and 10-year bond issues, one of the banks leading the sale said Friday. Deutsche Bank AG, HSBC Holdings PLC and Societe Generale SA were running the six-year portion of the deal, with Bank of
Read more2nd UPDATE: Schneider Electric Plans Two-Part Bond, Tender Offer
9th Jul 2010 14:27
(Adds detail) By Art Patnaude Of DOW JONES NEWSWIRES LONDON (Dow Jones)--French electrical equipment company Schneider Electric SA (SU.FR) is the latest European borrower looking to extend its debt maturity profile by planning a two-part bond issue along with an offer to buy back a short
Read more2nd UPDATE: Schneider Electric Plans Two-Part Bond, Tender Offer
9th Jul 2010 14:26
(Adds detail) By Art Patnaude Of DOW JONES NEWSWIRES LONDON (Dow Jones)--French electrical equipment company Schneider Electric SA (SU.FR) is the latest European borrower looking to extend its debt maturity profile by planning a two-part bond issue along with an offer to buy back a short
Read moreHSBC Prices EUR1.5 Billion 4% 2021 Bond At 99.901
9th Jul 2010 13:32
LONDON (Dow Jones)--HSBC Holdings PLC (HBC) has priced its EUR1.5 billion, senior bond maturing in January 2021 in a self-led transaction, a syndicate official at the bank said Friday. Terms are as follows: Amount: EUR1.5 billion Maturity: January 15, 2021 Coupon: 4%
Read moreEuropean Banks Tap The Bond Markets As Sentiment Improves
9th Jul 2010 12:14
By Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--European banks are taking advantage of better sentiment in bond markets to raise money after sovereign bond market volatility limited issuance in May and June. HSBC Holdings PLC (HBC) of the U.K. and France's Banque Federative du C
Read morePhoenix Pharmahandel Sets Pricing On EUR500M Bond At 10% Area
9th Jul 2010 11:34
LONDON (Dow Jones)--Price guidance has been set on German pharmaceutical distribution company Phoenix Pharmahandel GmbH's planned EUR500 million, four-year, high-yield bond in the area of 10%, one of the banks working on the deal said Friday. The senior, unsecured notes are expected to price lat
Read more2nd UPDATE: HSBC Plans 10-Year Senior Euro Bond At Swaps +1.10
9th Jul 2010 11:09
(Adds detail) By Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--HSBC Holdings PLC (HBC) plans to issue a euro-denominated, senior, benchmark bond maturing in January 2021, in a self-led transaction, a syndicate official at the bank said Friday. HSBC is rated Aa2 by Moody's Inv
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