News content
-
Stable stockmarkets on Monday May 11 were enough to tempt four sellers into the evening market tonight, with trades in three stocks, including a combined offering of new and existing shares in IMCD.
-
Global Yatirim Holding, the Turkish investment fund, on Monday abandoned the planned Istanbul IPO of Global Liman Işletmeleri, the cruise port operator it owns, because of low demand for the local tranche of the deal.
-
Cofinimmo, the Belgian property company, has made a return to equity capital markets after a two year hiatus, raising €285.4m ($320m) via a one-for-six rights issue.
-
News reports on Monday afternoon that Greece had authorised a debt repayment to the International Monetary Fund are likely to help clear out some of the corporate bond market’s busy pipeline.
-
Autodis, the French car parts distributor, held an investor call on Monday morning for a €60m high yield bond tap to fund a dividend and for general corporate purposes.
-
Choppies Enterprises, a Botswanan groceries retailer, has kicked off roadshows for a secondary listing worth about R1.4bn ($117m) on the Johannesburg Stock Exchange.
-
Würth, the leading maker of screws and other fastenings, opened the week’s corporate bond issuance in Europe with Monday’s sole corporate deal, drawing a solid order book at a skinny new issue premium.
-
A pair of core eurozone agencies are set to dip into the short end of the dollar curve on Tuesday, but more issuance could come further out the curve.
-
The euro market was stable on Monday after a scorching sell-off over the last two weeks, boding well for a supranational’s benchmark plans.
-
Progress in talks between Greece and its international creditors could remove a potential source of volatility before eurozone periphery sovereign auctions later this week.
-
The Greater London Authority has sold the first ever sterling bond linked to the UK’s consumer price index (CPI) measure of inflation.
-
J Sainsbury, the UK supermarket chain, has refinanced a trolley of loans, removing covenants and securing the loans on its properties, after announcing its worst earnings for a decade last week.