MARKET TALK: HK Short Sales +40.4% Midday; China Mobile Tops
17th Jun 2010 06:48
0548 GMT [Dow Jones] HK short-selling volume +40.4% at HK$1.34 billion midday, but mainly corresponds to higher overall market volume, shorts as percentage of market total remains light at 4.8% vs 4.3% at Tuesday's half-day. No stocks manage more than HK$100 million: China Mobile (0941.HK) has HK$71
Read moreMARKET TALK: HK Short Sales +14.6% Thursday; China Mobile Tops
17th Jun 2010 00:31
2331 GMT [Dow Jones] HK short-selling volume +14.6% at HK$2.808 billion yesterday, as percentage of market total remained light at 5.8% vs Tuesday's 5.9%, suggesting bears reluctant to add positions amid HSI's 7-day winning streak. China Mobile (0941.HK) in first place with HK$129.08 million, follow
Read morePRESS RELEASE: A.M. Best Affirms Ratings of HSBC's U.S. Life Insurance Subsidiaries
16th Jun 2010 21:27
OLDWICK, N.J.--(BUSINESS WIRE)--June 16, 2010-- A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of "a" of Household Life Insurance Company (Household Life) (Detroit, MI) and its wholly owned subsidiary, First Central National Life I
Read moreLloyds TSB Bank Amends Deal Size Of 2018 Covered Bond
16th Jun 2010 16:09
LONDON (Dow Jones)--The U.K.'s Lloyds TSB Bank amended the issue size of its June 25, 2018, U.K.-regulated, covered bond owing to investor interest expressed while the deal was pricing, one of the lead managers on the sale said Wednesday. The size of the deal is now EUR750 million from the previ
Read moreDanske Bank Prices EUR1B 2022 Covered Bond At 99.025
16th Jun 2010 15:13
LONDON (Dow Jones)--Danske Bank AS (DANSKE.KO) has priced its EUR1 billion, 2022, covered bond through joint lead managers Barclays Capital, BNP Paribas SA, Danske Bank and HSBC Holdings PLC, one of the banks said Wednesday. The bond will be backed by a pool of residental mortgages. Terms ar
Read moreLloyds TSB Bank Prices EUR700M 2018 4% Covered Bond At 99.196
16th Jun 2010 15:04
LONDON (Dow Jones)--The U.K.'s Lloyds TSB Bank has priced its EUR700 million, eight year, U.K.-regulated covered bond at 145 basis points over mid-swaps, one of the lead managers on the deal said Wednesday. BNP Paribas SA, HSBC Holdings Plc, Lloyds and Unicredit SpA were lead managers of the dea
Read moreKraft Extends Deadlines For Final Wedel Bids -Sources
16th Jun 2010 14:48
By Marynia Kruk and Marietta Cauchi Of DOW JONES NEWSWIRES WARSAW (Dow Jones)--Kraft Foods Inc. (KFT) has extended the deadline for final bids for E. Wedel, its Polish business, two people familiar with the matter said Wednesday. Disposals of the firm's Polish and Romanian assets were imp
Read moreRCI Banque Prices EUR500M 2013 Bond At 99.74, Swaps +2.53
16th Jun 2010 14:36
LONDON (Dow Jones)--RCI Banque, a wholly owned unit of French car maker Renault SA (RNO.FR), has priced its EUR500 million, 2013-dated bond through joint-lead managers BNP Paribas SA, Citigroup Inc. and HSBC Holdings PLC, one of the banks said Wednesday. Terms are as follows: Amount: E
Read moreLloyds TSB Bank To Price 8-Yr Covered Bond At Swaps +1.45
16th Jun 2010 13:33
LONDON (Dow Jones)--The U.K.'s Lloyds TSB Bank has set final guidance on its EUR700 million, eight year, U.K.-regulated covered bond at 145 basis points over mid-swaps, one of the lead managers on the deal said Wednesday. This is in line with earlier guidance on the deal. BNP Paribas SA, HSB
Read moreUPDATE: Banks Vie To Win Enel Green Power IPO Mandate
16th Jun 2010 12:42
(Adds details on banks involved.) By Margot Patrick and Sabrina Cohen Of DOW JONES NEWSWIRES LONDON (Dow Jones)--A host of major Italian and international banks are pitching this week to win the mandate for what is set to be Europe's largest initial public offering this year, for Enel Sp
Read moreRCI Banque To Price EUR500 Mln 3-Year Bond At Swaps +2.53
16th Jun 2010 10:15
LONDON (Dow Jones)--RCI Banque, a wholly owned unit of French car maker Renault SA (RNO.FR), has set price guidance on its EUR500 million, three-year bond at 253 basis points over midswaps, one of the banks running the sale said Wednesday. BNP Paribas SA, Citigroup Inc. and HSBC Holdings PLC are
Read moreLloyds TSB Bank to Price 8-Year Covered Bond At Swaps +1.45 Area
16th Jun 2010 08:50
LONDON (Dow Jones)--The U.K.'s Lloyds TSB Bank has set price guidance on its eight year, euro-denominated, U.K.-regulated covered bond in the area of 145 basis points over mid-swaps, one of the lead managers on the deal said Wednesday. BNP Paribas SA, HSBC Holdings Plc, Lloyds and Unicredit SpA
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 moreRCI Banque Plans 3-Year Euro Benchmark Bond Issue
16th Jun 2010 08:21
LONDON (Dow Jones)--RCI Banque, a wholly owned unit of French car maker Renault SA (RNO.FR), is planning to issue a three-year, euro-denominated, benchmark-sized bond via BNP Paribas SA, Citigroup Inc. and HSBC Holdings PLC, one of the banks said Thursday. The company is rated Baa2 by Moody's In
Read moreCredit Agricole Prices EUR1B 2015 2.5% Covered Bond At 99.791
15th Jun 2010 14:32
LONDON (Dow Jones)--French Bank Credit Agricole SA (ACA.FR) has priced its EUR1 billion, five-year covered bond at 45 basis points over midswaps, one of the banks running the deal said Tuesday. Credit Agricole, Dexia SA, DZ Bank, HSBC Holdings PLC and UniCredit SpA are lead managers of the deal,
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