EU Regulators Still Finalizing Bank Stress Test Text-Sources
7th Jul 2010 17:37
BRUSSELS (Dow Jones)--European banking regulators are still finalizing the wording of a planned communication detailing the names of banks undergoing stress tests and the scope of those tests, a person familiar with the matter said Wednesday. The details are now more likely to be released Thursd
Read moreDeutsche Telekom Prices EUR1.25B 2022 Bond At 99.282, Swaps +1.25
7th Jul 2010 17:17
LONDON (Dow Jones)--Deutsche Telekom International Finance BV, guaranteed by Deutsche Telekom AG (DTE.XE), has priced its EUR1.25 billion, 12-year bond through joint lead managers Deutsche Bank AG, Royal Bank of Scotland Group PLC and UniCredit SpA, one of the banks said Wednesday. Terms are as
Read moreKfW Prices $5B 2013 Bond At 99.734, Swaps + 0.18
7th Jul 2010 17:03
LONDON (Dow Jones)--German development bank KfW, guaranteed by the Federal Republic of Germany, has priced its $5 billion, 2013-dated bond through joint-lead bookrunners Barclays PLC, Morgan Stanley and Royal Bank of Scotland Group PLC, one of the banks said Wednesday. Terms are as follows: Am
Read moreLondon close: Back above 5,000
7th Jul 2010 16:21
Britain's banks staged an impressive turnaround Wednesday that helped carry London out of the red and onto a second day of very respectable gains. High street lenders were unsettled early on as investors waited for details on the nature of European stress tests for about 100 banks. Last-minute hagg
Read moreDeutsche Telekom To Price EUR1.25B 12-Year Bond At Swaps +1.25
7th Jul 2010 11:58
LONDON (Dow Jones)--Deutsche Telekom International Finance BV, guaranteed by Deutsche Telekom AG (DTE.XE), has set guidance on its EUR1.25 billion, 12-year bond at 125 basis points over midswaps, one of the banks running the deal said Wednesday. This is at the tight end of initial guidance for 1
Read moreUPDATE: Deutsche Telekom Sets Pricing On 12-Year Euro Bond Issue
7th Jul 2010 10:20
By Art Patnaude and Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Deutsche Telekom International Finance BV, guaranteed by Deutsche Telekom AG (DTE.XE), has set guidance on its 12-year, euro-denominated, benchmark bond at 125 to 130 basis points over midswaps, one of the banks runnin
Read moreGazprom M&T Unit Gets $250 Mln 1-Year Syndicated Loan
7th Jul 2010 10:06
MOSCOW (Dow Jones)--Gazprom Marketing & Trading Ltd. on July 1 signed a $250 million 1-year loan facility exclusively coordinated by Royal Bank of Scotland, the company said Wednesday. "The deal achieved a significant oversubscription with strong interest from the market," said Gazprom Marketing
Read moreDeutsche Telekom Plans 12-Year Euro Benchmark Bond
7th Jul 2010 08:37
LONDON (Dow Jones)--Deutsche Telekom International Finance BV, guaranteed by Deutsche Telekom AG (DTE.XE), is planning to issue a 12-year, euro-denominated, benchmark bond, one of the banks running the deal said Wednesday. Deutsche Bank AG, Royal Bank of Scotland Group PLC, and UniCredit SpA are
Read moreKfW Hires Banks For Three-Year Dollar Bond
7th Jul 2010 08:21
LONDON (Dow Jones)--German development bank KfW, guaranteed by the Federal Republic of Germany, has mandated Barclays PLC, Morgan Stanley and Royal Bank of Scotland Group PLC as joint bookrunners of its three-year, global dollar bond issue, a spokeswoman said Wednesday. The issue, maturing July
Read moreRBS Preparing To Sell Up To GBP3 Bln Of Property Loans - FT
7th Jul 2010 01:42
DOW JONES NEWSWIRES Royal Bank of Scotland Group PLC (RBS) is getting ready to sell up to GBP3 billion ($4.5 billion) of real estate loans that it made during the property boom, the Financial Times reported Tuesday on its website, without directly citing sources. The disposal is part of an
Read moreMARKET TALK: Exane Upgrades Royal Bank of Scotland To Neutral
6th Jul 2010 10:15
0915 GMT [Dow Jones] Exane BNP Paribas upgrades Royal Bank of Scotland (RBS.LN) to neutral from underperform. The share price has now corrected and Exane BNP sees signs of incremental stability and progress. Further sustained underperformance is less likely and the risk/reward now looks balanced, sa
Read moreLondon close: Footsie drops slightly
5th Jul 2010 16:33
London's main markets closed slightly lower after trading within a tight range all day. BP was the strongest blue chip all day on reports that the governments of Kuwait, China and Singapore could inject funds under a £6bn plan designed to shore up the oil group's finances in the wake of the Gulf di
Read moreUPDATE:BP Oil Spill Loan Inches Up To $9B As More Banks Join-Sources
5th Jul 2010 16:05
(Adds detail, background, comment) By Carol Dean Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Oil company BP PLC's (BP) standby loan has inched up to around $9 billion as more banks join the group of lenders supporting the company against possible claims related to the oil spill in the Gul
Read moreUPDATE: Gala Coral Seeking Consent To Issue High Yield Bonds
5th Jul 2010 15:33
(Adds details, background) By Ainsley Thomson Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. betting and gaming group Gala Coral--which two weeks ago slashed its debt by GBP700 million to GBP1.9 billion as it completed a debt restructuring--has asked its lenders for permission to issue
Read moreFTSE 100 movers: Cash injection rumour boosts BP
5th Jul 2010 15:21
BP is strong on reports that the governments of Kuwait, China and Singapore could inject funds under a £6bn plan designed to shore up the oil group's finances in the wake of the Gulf of Mexico disaster. The cost of the clean-up exceeds $3bn. Educational publisher Pearson has benefited from Royal Ba
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