UK 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
Read moreUPDATE: Care UK Plans Bond To Finance Bridgepoint Buyout
9th Jul 2010 11:01
(Adding roadshow timing, background.) 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 issue GBP250 million of seven-year senior secured bonds to finance the acquisition of the company by priv
Read moreUPDATE: Schneider Electric Plans Two-Part Bond, Tender Offer
9th Jul 2010 10:45
(Updates guidance, adds background, comment.) 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 w
Read moreSchneider Electric Sets Size, Guidance On 2-Part Bond
9th Jul 2010 10:10
LONDON (Dow Jones)--French electrical equipment maker Schneider Electric SA (SU.FR) has set size and price guidance on its new six- and 10-year bond issues, one of the banks leading the deal said Friday. The EUR300 million six-year portion of the deal will price in the region of 73 basis points
Read moreHSBC CEO: Need To Be In Africa In A Bigger Way
9th Jul 2010 09:55
By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--HSBC Holdings PLC (HBC) Chief Executive Michael Geoghegan said Friday that his bank's operations in Africa need to have a "bigger format". In a speech in London, Geoghegan, who is based in Hong Kong, also said he sees South
Read moreUPDATE: HSBC Plans 10-Year Euro Benchmark Bond
9th Jul 2010 09:30
(Adds detail, comment) by Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--HSBC Holdings PLC (HBC) plans to issue a 10-year, euro-denominated, benchmark bond, in a self-led transaction, a syndicate official at the bank said Friday. HSBC is rated Aa2 by Moody's Investors Service,
Read moreSchneider Electric Plans Two-Part Bond Issue, Tender Offer
9th Jul 2010 08:53
LONDON (Dow Jones)--French electrical equipment maker Schneider Electric SA (SU.FR) is planning six- and ten-year fixed-rate bond issues along with an offer to buy back its 2013 bond, one of the banks running the deals said Friday. The company announced the new issue and buyback in order to refi
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