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ING Group launched a €1.18bn sale of shares in NN Group, its former insurance and investment arm, on Tuesday evening, in the larger of two block trades of the day.
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The Dutch government has finally made official its intention to begin the sale of ABN Amro. The IPO has been in the works a long time but suffered considerable delays.
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Darling Ingredients, the Texas-based food ingredients maker, is marketing a €515m senior unsecured bond to repay borrowings under its euro term loan ‘B’.
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Three Nordic businesses announced on Tuesday their intentions to float, two of them joining what was already a long string of prospective issuers in Stockholm.
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La Poste, France’s state postal service, returned to the bond market on Tuesday with its first benchmark issue since 2012. The bond was priced tightly to its curve but the book size was not disclosed.
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The European Financial Stability Facility has opted for a defensive maturity with a deal that should complete its funding for the second quarter of 2015.
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Two public sector borrowers have picked banks to run dollar deals on Wednesday — and even more deals could follow, said SSA bankers.
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Spain’s Electricity Deficit Amortisation Fund (FADE) has mandated banks for a first syndication in over a year — despite periphery eurozone yields suffering a rocky week.
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Eli Lilly, the US pharmaceuticals company, made its euro bond debut on Tuesday, printing seven, 11 and 15 year notes and proving that the market is still open for longer dated paper — at a price.
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A eurozone sovereign has added to what was already one of the busiest starts to a year for central government sterling issuance.
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Penn Engineering, the US fasteners maker, has launched a $465m-equivalent repricing to cut margins on its dollar and euro loans by 50bp.
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Cobham, the UK aerospace and defence firm, has secured €170m in its first Schuldschein issue, which it increased from €100m after oversubscription.