Sweden's SEB Prices EUR1B 2015 Covered Bond At 99.759
10th Jun 2010 16:55
LONDON (Dow Jones)--Swedish bank Skandinaviska Enskilda Banken AB (SEB-A.SK) has priced its five-year, EUR1 billion, covered bond issue via lead managers BayernLB, Commerzbank AG, Credit Suisse, Royal Bank of Scotland PLC, and SEB, one of the banks working on the deal said Thursday. Terms are a
Read more4th UPDATE: UK To Probe Investment Banks' Equity-Raising Fees
10th Jun 2010 15:50
(Adds comment from the Association for Financial Markets in Europe.) By Vladimir Guevarra and Digby Larner Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s Office of Fair Trading put investment banks in its sights Thursday, saying it will launch an inquiry into how much they charge
Read more3rd UPDATE: UK To Probe Investment Banks' Equity-Raising Fees
10th Jun 2010 15:34
(Adds comment from the Investment Management Association.) By Vladimir Guevarra and Digby Larner Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s Office of Fair Trading put investment banks in its sights Thursday, saying it will launch an inquiry into how much they charge for equity
Read moreCaterpillar Prices EUR300M 2013 Bond At 99.888 - Source
10th Jun 2010 15:26
LONDON (Dow Jones)--Construction and mining equipment maker Caterpillar Inc. (CAT) has priced its EUR300 million, 2013-dated bond through joint-lead managers Royal Bank of Scotland Group PLC and Societe Generale SA, one of the banks said Thursday. Terms are as follows: Amount: EUR300
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:Caterpillar To Price 3-Year Bond At Swaps +0.85-Source
10th Jun 2010 11:33
(Adds details) By Art Patnaude Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Construction and mining equipment maker Caterpillar Inc. (CAT) has set final terms on its three-year, EUR300 million bond at 85 basis points over midswaps, a person familiar with the matter said Thursday. This
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 moreCaterpillar Plans EUR300M 3-Year Bond - Source
10th Jun 2010 10:23
By Ainsley Thomson Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Construction and mining equipment maker Caterpillar Inc. (CAT) is planning a three-year, EUR300 million, senior, unsecured bond, a person familiar with the matter said Thursday. The bond will be issued by Caterpillar Internati
Read moreSweden's SEB Plans 5-Year Euro Benchmark Covered Bond Issue
10th Jun 2010 10:23
LONDON (Dow Jones)--Swedish bank Skandinaviska Enskilda Banken AB (SEB-A.SK) plans a five-year, euro-denominated benchmark covered bond issue via lead managers BayernLB, Commerzbank AG, Credit Suisse, Royal Bank of Scotland PLC, and SEB, one of the banks working on the deal said Thursday. SEB is
Read moreHEARD ON THE STREET: Private Equity's Recycled Attractions
10th Jun 2010 09:44
By Hester Plumridge A DOW JONES COLUMN In private equity circles, secondhand may be coming into fashion. 'Secondary' buyers acquire private equity commitments from investors seeking to exit illiquid assets early. With valuations appearing to have bottomed out, and a potential glut of sec
Read moreMARKET TALK: UK OFT To Study Equity Underwriting
10th Jun 2010 08:20
0720 GMT [Dow Jones] The UK Office of Fair Trading plans to undertake a market study into equity underwriting and associated services. In 2009, companies raised an estimated GBP70B of equity capital in the UK, says Seymour Pierce, paying an estimated GBP2B in fees for equity underwriting and associa
Read moreADR Report: Shares Mostly Lower As Broader Market Ends Down
9th Jun 2010 22:05
By Caitlin Nish Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York ended mostly lower Wednesday as the broader market reversed course after German Chancellor Angela Merkel said it's time to withdraw stimulus. The Bank of New York index of ADRs slippe
Read moreNomura Hires Berber From RBS's Fixed-Income Group -Bloomberg
9th Jun 2010 16:50
DOW JONES NEWSWIRES Nomura Holdings Inc. (NMR) hired Benito Berber as an emerging markets foreign-exchange strategist, its third hire from Royal Bank of Scotland Group Plc's (RBS) fixed-income group in two weeks, Bloomberg reported on its website Wednesday. Berber follows Steve Ashley and C
Read moreBanks Still Aim To Cut UK Property Loans But See No Sales Soon
9th Jun 2010 16:24
By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--While U.K. banks are still seeking to reduce their commercial property loan books, industry experts aren't holding their breath for waves of property disposals and urged potential buyers to be patient. Speaking at Savills PLC's (
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
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