Barclays
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The French government last night sold €753.5m of shares in Safran, the French aerospace and defence group, in a block trade that was 1.6 times covered.
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Latvia has named its banks to arrange a euro-denominated new issue and manage a concurrent tender offer for the country’s 2020s and 2021s.
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Bank of Jinzhou has raised HK$6.15bn ($794m) from its IPO in Hong Kong, pricing the stock near the bottom of the range as investors remain cautious about Chinese city commercial lenders.
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Ball Corp, the US metal packaging manufacturer, wants to issue its first euro bond as part of a €1.5bn-equivalent deal to support the purchase of UK can maker Rexam.
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The French government is this evening selling 2.64% of Safran, the French aerospace and defence group, in a competitive block trade.
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Shares in Delta Lloyd, the Dutch insurance company, fell 10% on Monday after it announced a €1bn rights issue to strengthen its solvency as it plans for new EU insurance regulation. By Thursday, they were 29% down.
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Austrian oil and gas company OMV emerged on Monday with a dual tranche hybrid bond that had been promised since August, but a broader revival for the product may have to wait until next year.
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Luxembourg-based airport services provider, Swissport, sold €690m of high yield bonds on Thursday to fund its acquisition by Chinese private equity group HNA.
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Anticipation that the European Central Bank will extend its public sector purchase programme on Thursday resulted in what one banker called an “abnormally successful deal” from Erste Abwicklungsanstalt on Monday.
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Erste Abwicklungsanstalt is lining up to issue its first public euro bond since October 2013, which is set to be priced before next week's European Central Bank meeting.
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SEB Germany offered the lowest ever yield for a primary covered bond when it issued a three year public sector Pfandbrief on Tuesday. But some sort of positive return was necessary, even if it was minuscule.
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MasterCard, the US credit card payments company, raised €1.65bn on Monday with its first euro bonds — and only its third bond issue ever.