Wednesday, November 30, 2016

UniCredit invites 10 banks for cash call consortium - sources

MILAN, Nov 29 (Reuters) - Italian lender UniCredit

has sent invitation letters to 10 banks to form the consortium

for its planned multi-billion euro capital increase that should

be launched in February, two sources closed to the matter said

on Tuesday.

Read more

BoE puts AT1 through its paces with most severe tests yet

LONDON, Nov 30 (IFR) - UK banks' Additional Tier 1 bonds

would be fair game and converted into equity if they hit severe

problems, the Bank of England's most stringent stress tests yet

showed on Wednesday.

Read more

Tuesday, November 29, 2016

UK DMO launches £2.25bn 40-year inflation-linked bond at 2bp over 2058 UKTi

LONDON, Nov 29 (IFR) - The United Kingdom Debt Management

Office has launched a £2.25bn 40-year inflation-linked bond at

2bp over its outstanding 2058 linker, according to a lead.

Read more

UK DMO sets spread on 40-year linker at 2bp over 2058 UKTi

LONDON, Nov 29 (IFR) - The United Kingdom Debt Management

Office has set the spread on a new 40-year inflation-linked bond

at 2bp over its outstanding 2058 linker, according to a lead.

Read more

Order book on UK DMO 40-year linker in excess of £9bn

LONDON, Nov 29 (IFR) - Demand for the United Kingdom Debt

Management Office's 40-year inflation-linked bond is in excess

of £9bn, according to a lead.

Read more

German restaurant chain Vapiano seeks stock market listing - sources

FRANKFURT, Nov 28 (Reuters) - German restaurant chain

Vapiano is preparing a stock market listing which may value the

group at about 600 million euros ($636 million) including debt

as it seeks to generate cash for its planned expansion, people

close to the matter said.

Read more

UK DMO begins marketing 40-year inflation-linked bond

LONDON, Nov 29 (IFR) - The United Kingdom Debt Management

Office has started marketing a new 40-year inflation-linked Gilt

at 2-2.75bp over its existing 2058 linker, according to a lead.

Read more

Monday, November 28, 2016

Russneft IPO demand exceeds offer by over 30 pct - co-owner

MOSCOW, Nov 25 (Reuters) - Mikhail Gutseriyev, a co-owner of

the Russian mid-sized oil company Russneft, said in a statement

that the demand during the company's initial public offering

(IPO) has exceeded offer by more than 30 percent.

Read more

Friday, November 25, 2016

UPDATE 3-Rosneft approves $17 billion domestic bond programme

MOSCOW, Nov 24 (Reuters) - Russia's largest oil producer

Rosneft is to return to the country's domestic bond

market after a two-year absence with a programme worth 1.071

trillion roubles ($16.6 billion), the company said on Thursday.

Read more

Thursday, November 24, 2016

UPDATE 1-Barclays fired banker in response to what he told SFO: lawyer

LONDON, Nov 23 (IFR) - Barclays dismissed one of its most

senior investment bankers as a "direct response" of what he told

the Serious Fraud Office during an investigation into the bank,

his lawyer said in court on Wednesday.

Read more

Wednesday, November 23, 2016

SFO ordered to argue gagging case in public

LONDON, Nov 23 (IFR) - The Serious Fraud Office has been ordered by a UK judge to argue in

public its attempt to keep a case involving British bank Barclays and one of its former

investment bankers private.

Read more

Ireland to select banks for possible sale of shares in Allied Irish Banks

DUBLIN, Nov 17 (Reuters) - Ireland has begun the process of

putting together a syndicate of investment banks in readiness

for a possible offer of shares in state-owned lender Allied

Irish Banks but the government said the move did not

mean it had a specific timetable in mind.

Read more

Thursday, November 17, 2016

UPDATE 1-Mediobanca targets acquisitions in wealth management drive



Read more

BRIEF-Russia's Phosagro says sees new eurobond issue not earlier than Q2 2017

* Plans new eurobond issue not earlier than Q2 2017

Further company coverage:

(Reporting By Moscow Newsroom)

Read more

UPDATE 1-Mediobanca targets acquisitions in wealth management drive



Read more

BRIEF-Russia's Phosagro says sees new eurobond issue not earlier than Q2 2017

* Plans new eurobond issue not earlier than Q2 2017

Further company coverage:

(Reporting By Moscow Newsroom)

Read more

UPDATE 1-Mediobanca targets acquisitions in wealth management drive



Read more

BRIEF-Russia's Phosagro says sees new eurobond issue not earlier than Q2 2017

* Plans new eurobond issue not earlier than Q2 2017

Further company coverage:

(Reporting By Moscow Newsroom)

Read more

UPDATE 1-Mediobanca targets acquisitions in wealth management drive



Read more

BRIEF-Russia's Phosagro says sees new eurobond issue not earlier than Q2 2017

* Plans new eurobond issue not earlier than Q2 2017

Further company coverage:

(Reporting By Moscow Newsroom)

Read more

UPDATE 1-Mediobanca targets acquisitions in wealth management drive



Read more

BRIEF-Russia's Phosagro says sees new eurobond issue not earlier than Q2 2017

* Plans new eurobond issue not earlier than Q2 2017

Further company coverage:

(Reporting By Moscow Newsroom)

Read more

UPDATE 1-Mediobanca targets acquisitions in wealth management drive



Read more

BRIEF-Russia's Phosagro says sees new eurobond issue not earlier than Q2 2017

* Plans new eurobond issue not earlier than Q2 2017

Further company coverage:

(Reporting By Moscow Newsroom)

Read more

UPDATE 1-Mediobanca targets acquisitions in wealth management drive



Read more

BRIEF-Russia's Phosagro says sees new eurobond issue not earlier than Q2 2017

* Plans new eurobond issue not earlier than Q2 2017

Further company coverage:

(Reporting By Moscow Newsroom)

Read more

UPDATE 1-Mediobanca targets acquisitions in wealth management drive



Read more

BRIEF-Russia's Phosagro says sees new eurobond issue not earlier than Q2 2017

* Plans new eurobond issue not earlier than Q2 2017

Further company coverage:

(Reporting By Moscow Newsroom)

Read more

PRESS DIGEST- Financial Times - Nov 17

Nov 17 (Reuters) - The following are the top stories in the

Financial Times. Reuters has not verified these stories and does

not vouch for their accuracy.

Read more

UPDATE 1-Mediobanca targets acquisitions in wealth management drive



Read more

PRESS DIGEST- Financial Times - Nov 17

Nov 17 (Reuters) - The following are the top stories in the

Financial Times. Reuters has not verified these stories and does

not vouch for their accuracy.

Read more

UPDATE 1-Mediobanca targets acquisitions in wealth management drive



Read more

UPDATE 1-S.Africa's Life Healthcare to buy controlling stake in Britain's Alliance Medical

* Plans for rights issue dent share price

(Adds company comment, detail)

Read more

PRESS DIGEST- Financial Times - Nov 17

Nov 17 (Reuters) - The following are the top stories in the

Financial Times. Reuters has not verified these stories and does

not vouch for their accuracy.

Read more

UPDATE 1-S.Africa's Life Healthcare to buy controlling stake in Britain's Alliance Medical

* Plans for rights issue dent share price

(Adds company comment, detail)

Read more

PRESS DIGEST- Financial Times - Nov 17

Nov 17 (Reuters) - The following are the top stories in the

Financial Times. Reuters has not verified these stories and does

not vouch for their accuracy.

Read more

UK private equity firm Actis sells out of Ugandan utility Umeme

KAMPALA, Nov 16 (Reuters) - British private equity firm

Actis has sold its remaining 14.3 percent stake in Uganda's sole

power distributor, Umeme Limited, to investors

including a local pension fund, allowing its shares to resume

trading.

Read more

UPDATE 1-S.Africa's Life Healthcare to buy controlling stake in Britain's Alliance Medical

* Plans for rights issue dent share price

(Adds company comment, detail)

Read more

UK private equity firm Actis sells out of Ugandan utility Umeme

KAMPALA, Nov 16 (Reuters) - British private equity firm

Actis has sold its remaining 14.3 percent stake in Uganda's sole

power distributor, Umeme Limited, to investors

including a local pension fund, allowing its shares to resume

trading.

Read more

UPDATE 1-S.Africa's Life Healthcare to buy controlling stake in Britain's Alliance Medical

* Plans for rights issue dent share price

(Adds company comment, detail)

Read more

UK private equity firm Actis sells out of Ugandan utility Umeme

KAMPALA, Nov 16 (Reuters) - British private equity firm

Actis has sold its remaining 14.3 percent stake in Uganda's sole

power distributor, Umeme Limited, to investors

including a local pension fund, allowing its shares to resume

trading.

Read more

UPDATE 1-S.Africa's Life Healthcare to buy controlling stake in Britain's Alliance Medical

* Plans for rights issue dent share price

(Adds company comment, detail)

Read more

Wednesday, November 16, 2016

UK private equity firm Actis sells out of Ugandan utility Umeme

KAMPALA, Nov 16 (Reuters) - British private equity firm

Actis has sold its remaining 14.3 percent stake in Uganda's sole

power distributor, Umeme Limited, to investors

including a local pension fund, allowing its shares to resume

trading.

Read more

UPDATE 1-S.Africa's Life Healthcare to buy controlling stake in Britain's Alliance Medical

* Plans for rights issue dent share price

(Adds company comment, detail)

Read more

UK private equity firm Actis sells out of Ugandan utility Umeme

KAMPALA, Nov 16 (Reuters) - British private equity firm

Actis has sold its remaining 14.3 percent stake in Uganda's sole

power distributor, Umeme Limited, to investors

including a local pension fund, allowing its shares to resume

trading.

Read more

UPDATE 1-S.Africa's Life Healthcare to buy controlling stake in Britain's Alliance Medical

* Plans for rights issue dent share price

(Adds company comment, detail)

Read more

UK private equity firm Actis sells out of Ugandan utility Umeme

KAMPALA, Nov 16 (Reuters) - British private equity firm

Actis has sold its remaining 14.3 percent stake in Uganda's sole

power distributor, Umeme Limited, to investors

including a local pension fund, allowing its shares to resume

trading.

Read more

UPDATE 1-S.Africa's Life Healthcare to buy controlling stake in Britain's Alliance Medical

* Plans for rights issue dent share price

(Adds company comment, detail)

Read more

UK private equity firm Actis sells out of Ugandan utility Umeme

KAMPALA, Nov 16 (Reuters) - British private equity firm

Actis has sold its remaining 14.3 percent stake in Uganda's sole

power distributor, Umeme Limited, to investors

including a local pension fund, allowing its shares to resume

trading.

Read more

UPDATE 1-S.Africa's Life Healthcare to buy controlling stake in Britain's Alliance Medical

* Plans for rights issue dent share price

(Adds company comment, detail)

Read more

UK private equity firm Actis sells out of Ugandan utility Umeme

KAMPALA, Nov 16 (Reuters) - British private equity firm

Actis has sold its remaining 14.3 percent stake in Uganda's sole

power distributor, Umeme Limited, to investors

including a local pension fund, allowing its shares to resume

trading.

Read more

UPDATE 1-S.Africa's Life Healthcare to buy controlling stake in Britain's Alliance Medical

* Plans for rights issue dent share price

(Adds company comment, detail)

Read more

Russia's Russneft valued at 33.5-223 bln rbls for IPO by two banks - sources

MOSCOW, Nov 15 (Reuters) - Russneft, a Russian mid-sized oil

producer, was valued at between 33.5 billion roubles and 223

billion roubles ($514.28 million-$3.42 billion) by two banks

arranging its initial public offering, three banking sources

told Reuters.

Read more

UK private equity firm Actis sells out of Ugandan utility Umeme

KAMPALA, Nov 16 (Reuters) - British private equity firm

Actis has sold its remaining 14.3 percent stake in Uganda's sole

power distributor, Umeme Limited, to investors

including a local pension fund, allowing its shares to resume

trading.

Read more

Russia's Russneft valued at 33.5-223 bln rbls for IPO by two banks - sources

MOSCOW, Nov 15 (Reuters) - Russneft, a Russian mid-sized oil

producer, was valued at between 33.5 billion roubles and 223

billion roubles ($514.28 million-$3.42 billion) by two banks

arranging its initial public offering, three banking sources

told Reuters.

Read more

UK private equity firm Actis sells out of Ugandan utility Umeme

KAMPALA, Nov 16 (Reuters) - British private equity firm

Actis has sold its remaining 14.3 percent stake in Uganda's sole

power distributor, Umeme Limited, to investors

including a local pension fund, allowing its shares to resume

trading.

Read more

Russia's Russneft valued at 33.5-223 bln rbls for IPO by two banks - sources

MOSCOW, Nov 15 (Reuters) - Russneft, a Russian mid-sized oil

producer, was valued at between 33.5 billion roubles and 223

billion roubles ($514.28 million-$3.42 billion) by two banks

arranging its initial public offering, three banking sources

told Reuters.

Read more

UK private equity firm Actis sells out of Ugandan utility Umeme

KAMPALA, Nov 16 (Reuters) - British private equity firm

Actis has sold its remaining 14.3 percent stake in Uganda's sole

power distributor, Umeme Limited, to investors

including a local pension fund, allowing its shares to resume

trading.

Read more

Russia's Russneft valued at 33.5-223 bln rbls for IPO by two banks - sources

MOSCOW, Nov 15 (Reuters) - Russneft, a Russian mid-sized oil

producer, was valued at between 33.5 billion roubles and 223

billion roubles ($514.28 million-$3.42 billion) by two banks

arranging its initial public offering, three banking sources

told Reuters.

Read more

UK private equity firm Actis sells out of Ugandan utility Umeme

KAMPALA, Nov 16 (Reuters) - British private equity firm

Actis has sold its remaining 14.3 percent stake in Uganda's sole

power distributor, Umeme Limited, to investors

including a local pension fund, allowing its shares to resume

trading.

Read more

Russia's Russneft valued at 33.5-223 bln rbls for IPO by two banks - sources

MOSCOW, Nov 15 (Reuters) - Russneft, a Russian mid-sized oil

producer, was valued at between 33.5 billion roubles and 223

billion roubles ($514.28 million-$3.42 billion) by two banks

arranging its initial public offering, three banking sources

told Reuters.

Read more

UK private equity firm Actis sells out of Ugandan utility Umeme

KAMPALA, Nov 16 (Reuters) - British private equity firm

Actis has sold its remaining 14.3 percent stake in Uganda's sole

power distributor, Umeme Limited, to investors

including a local pension fund, allowing its shares to resume

trading.

Read more

Russia's Russneft valued at 33.5-223 bln rbls for IPO by two banks - sources

MOSCOW, Nov 15 (Reuters) - Russneft, a Russian mid-sized oil

producer, was valued at between 33.5 billion roubles and 223

billion roubles ($514.28 million-$3.42 billion) by two banks

arranging its initial public offering, three banking sources

told Reuters.

Read more

UK private equity firm Actis sells out of Ugandan utility Umeme

KAMPALA, Nov 16 (Reuters) - British private equity firm

Actis has sold its remaining 14.3 percent stake in Uganda's sole

power distributor, Umeme Limited, to investors

including a local pension fund, allowing its shares to resume

trading.

Read more

Russia's Russneft valued at 33.5-223 bln rbls for IPO by two banks - sources

MOSCOW, Nov 15 (Reuters) - Russneft, a Russian mid-sized oil

producer, was valued at between 33.5 billion roubles and 223

billion roubles ($514.28 million-$3.42 billion) by two banks

arranging its initial public offering, three banking sources

told Reuters.

Read more

UK private equity firm Actis sells out of Ugandan utility Umeme

KAMPALA, Nov 16 (Reuters) - British private equity firm

Actis has sold its remaining 14.3 percent stake in Uganda's sole

power distributor, Umeme Limited, to investors

including a local pension fund, allowing its shares to resume

trading.

Read more

Russia's Russneft valued at 33.5-223 bln rbls for IPO by two banks - sources

MOSCOW, Nov 15 (Reuters) - Russneft, a Russian mid-sized oil

producer, was valued at between 33.5 billion roubles and 223

billion roubles ($514.28 million-$3.42 billion) by two banks

arranging its initial public offering, three banking sources

told Reuters.

Read more

Russia's Russneft valued at 33.5-223 bln rbls for IPO by two banks - sources

MOSCOW, Nov 15 (Reuters) - Russneft, a Russian mid-sized oil

producer, was valued at between 33.5 billion roubles and 223

billion roubles ($514.28 million-$3.42 billion) by two banks

arranging its initial public offering, three banking sources

told Reuters.

Read more

Russia's Russneft valued at 33.5-223 bln rbls for IPO by two banks - sources

MOSCOW, Nov 15 (Reuters) - Russneft, a Russian mid-sized oil

producer, was valued at between 33.5 billion roubles and 223

billion roubles ($514.28 million-$3.42 billion) by two banks

arranging its initial public offering, three banking sources

told Reuters.

Read more

Russia's Russneft valued at 33.5-223 bln rbls for IPO by two banks - sources

MOSCOW, Nov 15 (Reuters) - Russneft, a Russian mid-sized oil

producer, was valued at between 33.5 billion roubles and 223

billion roubles ($514.28 million-$3.42 billion) by two banks

arranging its initial public offering, three banking sources

told Reuters.

Read more

Tuesday, November 15, 2016

Vodafone will not IPO Indian unit until next financial year

LONDON, Nov 15 (Reuters) - British mobile operator Vodafone

will not launch the highly anticipated initial public

offering (IPO) of its Indian unit before March next year, it

said on Tuesday.

Read more

UPDATE 1-Russia's Russneft shareholder to float up to 20 pct of shares in IPO

MOSCOW, Nov 14 (Reuters) - Russian tycoon Mikhail Gutseriyev

and his family plan to float up to 20 percent of ordinary shares

in mid-sized oil company Russneft in an initial

public offering (IPO) by the end of 2016, Russneft said on

Monday.

Read more

Monday, November 14, 2016

UPDATE 1-Britain's biggest sandwich maker Greencore to buy U.S. firm Peacock for $748 mln

LONDON, Nov 14 (Reuters) - Britain's biggest sandwich maker

Greencore Group said on Monday it would buy U.S.

convenience food manufacturer Peacock Foods for $747.5 million

in a bid to transform its U.S. business.

Read more

RWE says higher power prices no reason for cheer yet

FRANKFURT, Nov 14 (Reuters) - Thermal plant operator RWE

on Monday said a recovery in wholesale power prices is

beneficial for its central European generation margins but is

too early to see a sustained effect.

Read more

Greencore plans to buy U.S. firm Peacock for $747.5 mln

LONDON, Nov 14 (Reuters) - Irish-based Greencore Group

said on Monday it planned to buy U.S. convenience food

manufacturer Peacock Foods for $747.5 million in a bid to

transform its U.S. business.

Read more

Sunday, November 13, 2016

Ireland holding open possibility of Allied Irish Banks IPO in 2017

DUBLIN, Nov 10 (Reuters) - Ireland will hold open the

possibility of selling a 25 percent stake in state-owned Allied

Irish Banks next year with any sale depending on market

conditions, Finance Minister Michael Noonan said on Thursday.

Read more

Russia's Russneft shareholder to offer 20 pct of ordinary shares in IPO in 2016

MOSCOW, Nov 14 (Reuters) - Russia's tycoon Mikhail

Gutseriyev and his family are planning to sell up to 20 percent

of ordinary shares in a mid-sized oil company Russneft in an

initial public offering (IPO) by the end of 2016, Russneft said

in a statement on Monday.

Read more

Thursday, November 10, 2016

Ghana sells 438 mln cedis ($110 mln) in first 10-yr domestic bond

ACCRA, Nov 10 (Reuters) - Ghana accepted 438 million cedis

($110 million) worth of bids for its first 10-year domestic bond

issued on Thursday and the major commodities exporter will pay a

fixed yield of 19.0 percent, according to lead arrangers.

Read more

UPDATE 1-Ghana raises $110 mln via first 10-year domestic bond

* Sale draws bids for more than 3 times initial target

amount

Read more

UK and China agree closer ties between London and Shanghai stock markets

LONDON, Nov 10 (Reuters) - Britain and China have agreed to

press on with closer links between London and Shanghai's stock

exchanges, British finance minister Philip Hammond said on

Thursday after meeting Chinese Vice Premier Ma Kai.

Read more

MOVES-KPMG appoints Marco Schwartz as head of UK equity capital markets

Nov 10 (Reuters) - Professional services firm KPMG

has appointed Marco Schwartz as head of equity capital markets

(ECM) in Britain, the company said on Thursday.

Read more

BRIEF-Phoenix says 97.65 per cent of new shares have been subscribed

* It had received valid acceptances in respect of

141,322,809 new shares representing 97.65 per cent of the new

shares offered pursuant to its rights issue announced on 28

September 2016 to part finance the proposed acquisition of Abbey

Life

Read more

Wednesday, November 9, 2016

World's first forest bond beats expectations

LONDON, Nov 8 (Reuters) - A green investment that for the

first time channels private money into protecting forests has

raised twice as much planned, its issuers said on Tuesday.

Read more

Tuesday, November 8, 2016

Legacy Tier 1 in cross-hairs as StanChart breaks with convention

LONDON, Nov 4 (IFR) - Holders of old style hybrid Tier 1

bank debt were left nursing hefty losses this week after

Standard Chartered said it would not redeem a US$750m legacy

Tier 1 bond next January, while confusion reigned as to whether

Commerzbank would take a similar decision relating to one of its

bonds.

Read more

Sunday, November 6, 2016

Deutsche Bahn CEO says calling off Arriva, Schenker flotation

FRANKFURT, Nov 4 (Reuters) - Germany's state-owned railway

Deutsche Bahn has put plans for a partial privatisation

of Arriva and Schenker on ice due to Britain's decision to exit

the European Union, its chief executive said, confirming media

reports.

Read more

MOVES-Agathangelou heads to RBS after Dhami's departure

LONDON, Nov 4 (IFR) - Chris Agathangelou has been hired by

RBS to run Europe, Middle East and Africa financial institutions

bond syndicate, according to multiple market sources.

Read more