News content
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Amundi, the French asset manager, has narrowed its price range to €43-€45 a share, as it continues to build the book for its Paris listing. -
European Stability Mechanism printed a solid €1.5bn bond on Tuesday, falling just short of completing its funding target for the year.
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KfW and the City of Paris built healthy books for no-grow green bonds on Tuesday, as some bankers suggested the KfW deal showcased the lesser execution risk amid tricky conditions that green bonds offer over conventional deals.
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Two issuers made an opportunistic move in sterling on Tuesday, taking a combined £400m with a tap and a new issue.
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BMW returned to the bond market on Tuesday with a €1.25bn deal, its first issue since the Volkswagen emissions scandal made investors reassess their attitude to the car industry.
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Global Blue, the Swiss tourist VAT refund company, is holding bank meetings today (November 11) for a dividend recapitalisation loan.
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Koninklijke KPN, the Dutch telecoms company, sold a quarter of its stake in Telefónica Deutschland for €805m on Monday night, but the deal failed to get covered, leaving Citigroup and UBS long.
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WPP, the UK advertising firm, attracted more than €3bn of orders for its four year benchmark bond on Tuesday as investors showed they were willing to turn on the taps for the right deal.
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The Kingdom of Belgium has added to its longest dated bond, a 100 year private medium term note, and is open to printing more at the long end of its maturity curve.
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Austria Technologie & Systemtechnik (AT&S), an Austrian printed circuit board manufacturer, has tapped the Schuldschein market. The firm is getting more than an attractive interest rate, as it exploits the product’s Asian investors.
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Swissport, the world’s largest air cargo handling company, has bank meetings today (November 10) in New York and tomorrow in London for €1bn-equivalent of new loans for its acquisition by HNA, a Chinese private equity firm.
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ContourGlobal Power Holdings, a global developer and operator of wholesale electric power generation businesses, has released price guidance on the $100m tap of its $400m 7.125% 2019s.
