Banks
-
Vue International’s revamped refinancing let the credits roll in, delivering a far better performance than the original showing last year, thanks to part-owner Omers injecting £165m of subordinated debt, strong market conditions, and a successful six months for the cinema chain.
-
Rodenstock gets loan support after business turnaround — ICBC London mandates for Chinese green loan first — Nokia dials in ESG-linked loan — SVR Group builds on existing loan maturity — SCA goes local for bank loans
-
BNP Paribas to lead buyout debt for Drahi’s purchase of Sotheby’s - Schuldschein rarity as Agrana markets fixed, floating notes at different margins - Rail Cargo Austria rolls into Schuldschein market - Citi preps refinancing for Befesa after Triton’s exit
-
The Russian Federation was set to increase its 2029 and 2035 dollar bonds on Thursday evening as the risk of further US sanctions against the country recedes and the prospect of lower of US interest rates increases demand for the debt. A $7bn combined book had been built for the taps.
-
One lone £350m bond, from Volkswagen Financial Services, crept into the European corporate bond market on Thursday, as a public holiday in parts of Germany left the euro market without a good chunk of its investor base.
-
Issuance in Swedish kronor picked up this week, with three corporate issuers placing Skr6.28bn ($667.9m) across four private placements, as issuers looked to get in ahead of the midsummer break. In euros, a Dutch and French agency both placed paper, while protests in Hong Kong caused yields to spike in offshore Chinese renminbi and Hong Kong dollars.
-
United Group has launched a €200m add-on to finance its acquisition of Tele2 Croatia.
-
Trainline, the UK transport booking website, has priced its London listing near the top its revised range and grown the IPO to satisfy investor demand.
-
Ghana Cocoa Board, the central organisation for Ghana's cocoa industry, is in the process of raising $1.3bn to refinance existing debt.
-
E-commerce giant Alibaba Group Holding’s planned IPO of up to $20bn in Hong Kong is set to trigger a wave of other technology listings in the city, if successful. The timing couldn’t be better, as the US sets its sights on Chinese companies listed in New York. Gina Lee and Jonathan Breen report.
-
Sweden’s Svenska Cellulosa Aktiebolaget (SCA) has signed credit lines totalling Skr6bn ($638m), though the bulk of facility for the timber, pulp and paper company will remain undrawn.
-
Black Sea Trade and Development Bank sold its $400m five year bond on Wednesday at a spread flat to inside its own curve, despite some changes to the maturity of the deal.