Russia's VEB Hires Banks For New Bond Issue-Source
30th Jun 2010 13:12
LONDON (Dow Jones)--Russian state development bank Vnesheconombank, or VEB, plans to issue bonds via lead managers Barclays Capital PLC, HSBC Group PLC and Societe Generale SA, a person familiar with the matter said Wednesday. The bonds are expected to be launched following an investor roadshow,
Read moreTesco 30-Yr Mortgage Bond Final Guidance Gilts +1.65
30th Jun 2010 12:10
LONDON (Dow Jones)--U.K. retailer Tesco PLC (TSCO.LN) has set final guidance on its planned 30-year, sterling-denominated, benchmark bond, backed by a commercial mortgage loan, at 165 basis points over gilts, a bank running the sale said Wednesday. Initial guidance was set in the area of 170 bas
Read moreTesco To Price April 2040 Mortgage Bond At Gilts +1.70 Area
30th Jun 2010 09:54
LONDON (Dow Jones)--U.K. retailer Tesco PLC (TSCO.LN) has set guidance on its planned 30-year, sterling-denominated, benchmark bond, backed by a commercial mortgage loan, in the area of 170 basis points over gilts, a banker involved in the deal said Tuesday. The collateral for the loan is the le
Read moreColombia Banks' Jan-May Combined Net Profit Up 20% To COP2.83T
29th Jun 2010 20:47
BOGOTA (Dow Jones)--Colombia's financial institutions posted a combined net profit of 2.83 trillion Colombian pesos ($1.48 billion) during the first five months, up 20% from the same period in 2009, the country's banking regulator said Tuesday. The increase was due to higher revenues from lendin
Read morePaucity Of High-Grade Corporate Bonds Helps Support Prices
29th Jun 2010 16:53
By Katy Burne Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--The World Cup isn't the only place where defensive tactics are on display. An analysis of investment-grade bond issuance from the first half of the year shows most companies have opted to guard their bottom lines rather than rais
Read more2nd UPDATE: Tesco Plans Benchmark Commercial Mortgage Bond
29th Jun 2010 15:44
(Adds detail) By Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. retailer Tesco PLC (TSCO.LN) is planning to issue a sterling-denominated benchmark bond, backed by a commercial mortgage loan, a banker involved in the deal said Tuesday. The collateral for the loan is the le
Read moreUPDATE: Tesco Plans Benchmark Commercial Mortgage Bond
29th Jun 2010 14:12
(Adds background.) By Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. retailer Tesco PLC (TSCO.LN) is planning to issue a benchmark bond backed by a commercial mortgage loan, a banker involved in the deal said Tuesday. The collateral for the loan is the leasehold intere
Read moreTesco Plans Benchmark Commercial Mortgage Bond
29th Jun 2010 13:46
LONDON (Dow Jones)--U.K. retailer Tesco PLC (TSCO.LN) is planning to issue a benchmark bond backed by a commercial mortgage loan, a banker involved in the deal said Tuesday. The collateral for the loan is the leasehold interest in 41 U.K. commercial properties, all of which are let to Tesco-rela
Read morePRESS RELEASE: Moody's Assigns Provisional Rating -2-
29th Jun 2010 12:33
WHATSOEVER. MIS, a wholly-owned credit rating agency subsidiary of Moody's Corporation ("MCO"), hereby discloses that most issuers of debt securities (including corporate and municipal bonds, debentures, notes and commercial paper) and preferred stock rated by MIS have, prior to assignment of any r
Read moreUPDATE: Knight Vinke Stake Continues To Buoy Kesa Shares
29th Jun 2010 12:33
(Updates and rewrites, adding detail.) By Molly Neal Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Shares in retailer Kesa Electricals PLC (KESA.LN) continued to rise Tuesday amid speculation as to why activist investor Knight Vinke Asset Management LLC has built a stake in the company.
Read morePRESS RELEASE: Moody's Assigns Provisional Rating To Emea Cmbs Issued By Tesco Property Finance 3 Plc
29th Jun 2010 12:33
The following is a press release from Moody's Investors Service: GBP[950.15] million of EMEA CMBS rated London, 29 June 2010 -- Moody's Investors Service has assigned the following provisional long-term rating to the proposed issue of Tesco Property Finance 3 Plc: GBP[950.15] million Secured [_
Read moreKnight Vinke Stake Continues To Buoy Kesa Shares
29th Jun 2010 11:25
LONDON (Dow Jones)--Shares in retailer Kesa Electricals PLC (KESA.LN) continued to rise Tuesday amid speculation activist investor Knight Vinke Asset Management LLC could be pushing for a break-up of the company. At 1012 GMT Kesa's shares were up 2.9% at 126 pence in a lower London market, addin
Read moreBroker snap: StanChart preferred to HSBC
29th Jun 2010 08:59
Standard Chartered's recent trading statement indicated weaker revenue and cost trends than Nomura Securities was expecting but the broker continues to prefer the stock to fellow Asia-focused bank HSBC. Nomura said the underperformance was largely due to the normalisation of strong account income w
Read moreHK Bourse: Overseas Regulatory Announcement From Hsbc Hldgs Plc
29th Jun 2010 01:34
Following is the related link: http://www.hkexnews.hk/listedco/listconews/sehk/20100629/LTN20100629041.pdf Stock Code: 5 Source: Hong Kong Exchanges & Clearing (END) Dow Jones Newswires June 28, 2010 20:34 ET (00:34 GMT)
Read moreMARKET TALK: HK Short Sales Double Tuesday; 8.5% Of Mkt Total
29th Jun 2010 00:28
2328 GMT [Dow Jones] HK short-selling volume piled up yesterday afternoon amid A-shares-induced market weakness, with full-day volume at HK$5.024 billion vs HK$1.608 billion at interval. Overall volume more than doubled vs Monday, as percentage of market total sharply higher at 8.5% vs Monday's 5.5%
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