Grifols Lines Up $4B Debt For Talecris Buy-Sources
10th Jun 2010 12:25
By Carol Dean Of Dow Jones Newswires LONDON (Dow Jones)--Spanish healthcare company Grifols SA (GRF.MC) has lined up $4 billion of debt financing to back its acquisition of U.S. company, Talecris Biotherapeutics Holdings Corp. (TLCR), people familiar with the situation said Thursday. The
Read more2nd UPDATE: OFT Launches Inquiry Into Investment Banks
10th Jun 2010 11:46
(Adds comment from the British Bankers' Association.) By Vladimir Guevarra and Digby Larner Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s Office of Fair Trading took a sideswipe at investment banks Thursday, saying it will launch an inquiry into how much they charge for equity un
Read moreUPDATE: OFT Launches Inquiry Into Investment Banks
10th Jun 2010 11:03
(Adds background, analyst comment.) By Vladimir Guevarra and Digby Larner Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s Office of Fair Trading took a sideswipe at investment banks Thursday, saying it will launch an inquiry into how much they charge for equity underwriting and oth
Read moreMARKET TALK: Bank Of Communications Flat Before Ex-Rights Fri
10th Jun 2010 03:52
0252 GMT [Dow Jones] Today last chance to Buy Bank of Communications (3328.HK) shares ahead of ex-dividend Friday; stock resilient, flat at HK$8.40 on modest volume. China's 5th largest lender will issue 1.5 rights shares for every 10 shares at HK$5.14 each. HSBC (0005.HK) undertaken to subscribe to
Read morePeugeot-Citroen Agrees EUR1.8B Loan; Syndication Underway
9th Jun 2010 16:03
LONDON (Dow Jones)--French auto maker PSA Peugeot-Citroen (UG.FR) has agreed a EUR1.8 billion loan refinancing with a group of banks that was launched into syndication earlier this week, the arranging banks said Wednesday. The new loan has a maturity of three years with two one-year extension op
Read moreFinal Bids For Kraft Polish Unit Due 3rd Wk Of June - Sources
9th Jun 2010 15:17
By Marynia Kruk Of DOW JONES NEWSWIRES WARSAW (Dow Jones)--Final bids for E. Wedel, the Polish business of Kraft Foods Inc. (KFT), are due by the third week of June, two people familiar with the situation said Wednesday. Kraft is selling Polish and Romanian assets it acquired as part of
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 moreNordea Bank Plans Three-Year Euro Benchmark Floating Rate Note
9th Jun 2010 10:49
LONDON (Dow Jones)--Sweden's Nordea Bank AB (NDA.SK) is planning a euro-denominated, three-year floating rate note, one of the banks working on the deal said Wednesday. Initial price guidance has been set at 75 basis points over euribor. Deutsche Bank AG, Goldman Sachs Group Inc, HSBC Holdin
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 moreUPDATE: HSBC Aims To Raise 'Significant Amount' From China IPO
9th Jun 2010 06:14
(Adds more comments from HSBC executives on network expansion and securities partnership.) SHANGHAI (Dow Jones)--HSBC Holdings PLC (HBC) said Wednesday it expects to raise "a significant amount" of funds from its planned listing in Shanghai to facilitate its expansion in China, where the U.K.-b
Read moreHSBC CEO: Planned Shanghai Listing To Raise 'Significant Amount'
9th Jun 2010 03:42
SHANGHAI (Dow Jones)--HSBC Holdings PLC (HBC) expects to raise "a significant amount" of funds from its planned listing on the Shanghai Stock Exchange, Chief Executive Michael Geoghegan said Wednesday. Geoghegan didn't specify the fund-raising target, but told reporters at the launch of the bank
Read moreMARKET TALK: HSI +0.1%; Market Shows Signs Of Bottoming - TF
9th Jun 2010 03:24
0224 GMT [Dow Jones] HSI +0.1% at 19,506.30, with gains in some China plays (Shanghai Composite last +0.4%) offsetting losses of companies with European exposure, such as HSBC (0005.HK), down 0.2% at HK$71.25, Esprit (0330.HK), down 0.7% at HK$42.00. Taifook notes, local market has shown signs of bo
Read moreHSBC Executive: Looking For Securities JV Partner In China
9th Jun 2010 03:14
SHANGHAI (Dow Jones)--HSBC Holdings PLC (HBC) is still searching for a partner to form an investment banking joint venture in China, HSBC Asia-Pacific Chief Executive Peter Wong said Wednesday. HSBC remains interested in having an investment banking joint venture in China, Wong told reporters at
Read moreEurohypo Prices EUR1B 2015 2.25% Covered Bond At 99.492
8th Jun 2010 14:28
LONDON (Dow Jones)--German real-estate and public-finance bank Eurohypo AG (EHY.XE) has priced its EUR1 billion, five-year, covered bond at 30 basis points over midswaps, one of the banks running the deal said Tuesday. BNP Paribas SA, Commerzbank AG, Deutsche Bank AG, HSBC Holdings PLC and UBS I
Read moreEurohypo 5-Year Covered Bond Guidance At Swaps +0.30 Area
8th Jun 2010 07:56
LONDON (Dow Jones)--German real-estate and public-finance bank Eurohypo AG (EHY.XE) will open order books on its planned five-year, benchmark covered bond Tuesday and has set price guidance in the area of 30 basis points over mid-swaps, one of the banks running the deal said Tuesday. BNP Paribas
Read more