OSLO/BENGALURU, July 29 (Reuters) - Norwegian energy firm
DNO ASA expanded its foothold in Iraqi Kurdistan on
Friday by offering to purchase rival Gulf Keystone Petroleum Ltd
for $300 million, following the latter's junk bond deal
this month.
Read more
Friday, July 29, 2016
Thursday, July 28, 2016
UK sells 50-year index-linked bond via syndication at record-low real yield
LONDON, July 26 (Reuters) - The UK Debt Management Office
said it would issue 2.5 billion pounds ($3.28 billion) of 2065
index-linked bonds at a real yield of -1.3245
percent on Tuesday, the lowest-ever inflation-adjusted return
for a bond sold via a syndication.
Read more
said it would issue 2.5 billion pounds ($3.28 billion) of 2065
index-linked bonds at a real yield of -1.3245
percent on Tuesday, the lowest-ever inflation-adjusted return
for a bond sold via a syndication.
Read more
Tuesday, July 26, 2016
UPDATE 1-EDF shareholders approve 4 bln euro capital increase
PARIS, July 26 (Reuters) - Shareholders of France's EDF
approved on Tuesday a planned 4 billion euro ($4.4
billion) capital increase ahead of the state-controlled
utility's decision on whether to proceed with its Hinkley Point
UK nuclear project on Thursday.
Read more
approved on Tuesday a planned 4 billion euro ($4.4
billion) capital increase ahead of the state-controlled
utility's decision on whether to proceed with its Hinkley Point
UK nuclear project on Thursday.
Read more
UPDATE 1-Japan's SMBC Aviation Capital raises $500 mln in debut bond
DUBLIN, July 20 (Reuters) - The aircraft leasing arm of
Japan's Sumitomo Mitsui Banking Corp has raised $500
million in its debut bond offering in a bid to diversify funding
options to pay for an order book of more than 200 planes, its
chief executive said on Monday.
Read more
Japan's Sumitomo Mitsui Banking Corp has raised $500
million in its debut bond offering in a bid to diversify funding
options to pay for an order book of more than 200 planes, its
chief executive said on Monday.
Read more
EDF shareholders approve 4 bln euro capital increase
PARIS, July 26 (Reuters) - Shareholders of France's EDF
approved on Tuesday a planned 4 billion euro ($4.4
billion) capital increase ahead of the state-controlled
utility's decision on its Hinkley Point UK nuclear project on
Thursday.
Read more
approved on Tuesday a planned 4 billion euro ($4.4
billion) capital increase ahead of the state-controlled
utility's decision on its Hinkley Point UK nuclear project on
Thursday.
Read more
Wednesday, July 20, 2016
RPT-Gulf Keystone shares spike and plunge after junk bond deal
LONDON, July 19 (Reuters) - Gulf Keystone's stock
spiked and fell by a third on Tuesday as retail investors
flooded chatrooms trying to figure out how junk bond funds led
by former JP Morgan and Lehman Brothers traders will help
restructure the oil firm.
Read more
spiked and fell by a third on Tuesday as retail investors
flooded chatrooms trying to figure out how junk bond funds led
by former JP Morgan and Lehman Brothers traders will help
restructure the oil firm.
Read more
Tuesday, July 19, 2016
Gulf Keystone shares spike and plunge after junk bond deal
LONDON, July 19 (Reuters) - Gulf Keystone's stock
spiked and fell by a third on Tuesday as retail investors
flooded chatrooms trying to figure out how junk bond funds led
by former JP Morgan and Lehman Brothers traders will help
restructure the oil firm.
Read more
spiked and fell by a third on Tuesday as retail investors
flooded chatrooms trying to figure out how junk bond funds led
by former JP Morgan and Lehman Brothers traders will help
restructure the oil firm.
Read more
French competition authority clears Fnac-Darty deal
PARIS, July 18 (Reuters) - France's competition authority on
Monday approved plans by French music and book chain Fnac
to take over consumer electronics retailer Darty
.
Read more
Monday approved plans by French music and book chain Fnac
to take over consumer electronics retailer Darty
.
Read more
Monday, July 18, 2016
SoftBank has "no immediate plans" to issue debt for ARM deal
LONDON, July 18 (IFR) - SoftBank Group said it has "no
immediate plans" to issue fresh debt to back its acquisition of
UK chip designer ARM Holdings for £24bn.
Read more
immediate plans" to issue fresh debt to back its acquisition of
UK chip designer ARM Holdings for £24bn.
Read more
Activist TCI takes SABMiller stake, investors scent sweetened offer
LONDON, July 18 (Reuters) - The Children's Investment Fund
Management (TCI) has taken a stake in SABMiller, the
second activist to buy into the brewer in recent weeks, raising
the prospect of a late push for improved takeover terms from AB
InBev.
Read more
Management (TCI) has taken a stake in SABMiller, the
second activist to buy into the brewer in recent weeks, raising
the prospect of a late push for improved takeover terms from AB
InBev.
Read more
Japan's SoftBank agrees $32 billion deal to buy Britain's ARM
LONDON, July 18 (Reuters) - Japan's SoftBank Group Corp
has agreed to buy British chip designer ARM Holdings
for 24.3 billion pounds ($32 billion), in a deal that
will retain the company's management and grow its workforce.
Read more
has agreed to buy British chip designer ARM Holdings
for 24.3 billion pounds ($32 billion), in a deal that
will retain the company's management and grow its workforce.
Read more
Sunday, July 17, 2016
UK names syndicate for sale of 50-year index-linked gilt
LONDON, July 15 (Reuters) - Britain's debt agency chose
Goldman Sachs, HSBC, Royal Bank of Scotland
and Santander on Friday as bookrunners for the
sale of several billion pounds of 50-year inflation-linked
government bonds later this month.
Read more
Goldman Sachs, HSBC, Royal Bank of Scotland
and Santander on Friday as bookrunners for the
sale of several billion pounds of 50-year inflation-linked
government bonds later this month.
Read more
Friday, July 15, 2016
UPDATE 2-Distressed funds set for big stakes in Gulf Keystone after debt swap
* Proceeds to be used to raise Shaikan production
(Adds background, analyst comment, share and debt prices)
Read more
(Adds background, analyst comment, share and debt prices)
Read more
Thursday, July 14, 2016
Wednesday, July 13, 2016
REFILE-Steinhoff agrees $794 mln takeover of UK's Poundland
LONDON, July 13 (Reuters) - South Africa's Steinhoff
will bulk up its presence in the British market after
agreeing a 597 million pound ($794 million) takeover of single
price retailer Poundland, it said on Wednesday.
Read more
will bulk up its presence in the British market after
agreeing a 597 million pound ($794 million) takeover of single
price retailer Poundland, it said on Wednesday.
Read more
Tuesday, July 12, 2016
UPDATE 6-Melrose to buy U.S. ventilation products maker Nortek
* Melrose to fund deal through new debt, share issue
(Adds investment banking consultant, updates shares)
Read more
(Adds investment banking consultant, updates shares)
Read more
Wednesday, July 6, 2016
Brexit could delay car parts firm TI Automotive's IPO - sources
FRANKFURT/LONDON, July 6 (Reuters) - The planned stock
market listing of UK auto parts supplier TI Automotive, a
potential 3 billion euro ($3.3 billion) deal, is facing a delay
due to volatility triggered by Britain's vote to leave the
European Union, people familiar with the matter said.
Read more
market listing of UK auto parts supplier TI Automotive, a
potential 3 billion euro ($3.3 billion) deal, is facing a delay
due to volatility triggered by Britain's vote to leave the
European Union, people familiar with the matter said.
Read more
Friday, July 1, 2016
OPINION-Italy, or how not to deal with a banking problem
LONDON, July 1 (IFR) - Italy this week exploited the stormy
aftermath of the shock UK referendum result, concocting its
latest attempt at rescuing its banks while markets were
distracted with more pressing matters.
Read more
aftermath of the shock UK referendum result, concocting its
latest attempt at rescuing its banks while markets were
distracted with more pressing matters.
Read more
Santander UK breaks Europe's post-Brexit financial drought
LONDON, July 1 (IFR) - Santander UK is marketing a sterling
covered floater, the first financial deal in the European market
since Britain's shock vote to leave the European Union last
Friday.
Read more
covered floater, the first financial deal in the European market
since Britain's shock vote to leave the European Union last
Friday.
Read more
Russia's Russneft plans to raise $500 mln in November IPO - source
MOSCOW, July 1 (Reuters) - Russian oil company Russneft
plans to hold an IPO on the Moscow Exchange in November, aiming
to raise $500 million for 10 percent of its shares, a source
close to the deal told Reuters.
Read more
plans to hold an IPO on the Moscow Exchange in November, aiming
to raise $500 million for 10 percent of its shares, a source
close to the deal told Reuters.
Read more
Brexit fears put aside as corporates go for sterling
LONDON, June 30 (IFR) - British American Tobacco and
Brown-Forman reopened the sterling corporate market on Thursday
after a month-long hiatus, attracting blowout demand just a week
after the UK voted to leave the European Union.
Read more
Brown-Forman reopened the sterling corporate market on Thursday
after a month-long hiatus, attracting blowout demand just a week
after the UK voted to leave the European Union.
Read more
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