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Structured Bonds

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  • Unilabs, the Geneva-based laboratories business, succeeded in selling its €685m debut high yield bond on Wednesday and sold it intraday, nearly a month after pulling the deal amid unfavourable markets.
  • Expro, the UK oil and gas well services provider, wants to tap its 8.5% 2016 bond, of which about $991m is outstanding.
  • Vue Entertainment, the UK cinema chain, has tightened price guidance on its debut high yield bond. Investors were asked to reconfirm their orders by 12.30pm London time today.
  • Royal Bank of Scotland has announced the creation of a new markets client board, formed of senior staff, intended to execute its strategy of focussing on its strongest businesses and their interaction with the firm's clients.
  • UK cinema chain Vue Entertainment has released guidance for its £550m senior secured bonds and plans to sell them tomorrow.
  • Unilabs is back in the market with its loan-to-bond refinancing after nearly a month's break since it pulled the deal. The Geneva-based laboratory business launched a €685m high yield bond on Wednesday morning and planned to sell it later in the day.