News content
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Tobii, the Swedish eye tracking technology firm, closed the bookbuilding phase of its up to $59m Stockholm IPO on Wednesday, a day early, as a result of heavy demand.
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The initial public offering of Spanish diet products retailer Naturhouse has garnered sufficient demand from investors to go ahead, but will likely be priced near the bottom of the range.
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World Bank wound through the pricing gears to sell a large three year dollar benchmark on Wednesday.
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The State of North Rhine-Westphalia on Wednesday sold an unusual eight year euro benchmark.
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Portugal’s curve rallied after the sovereign announced an exchange offer, marking the best performance on Wednesday in the eurozone periphery — except for Greece.
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Ineos, the chemical company, returned to the high yield bond market on Wednesday with a €770m deal to redeem $775m of notes it issued in 2012.
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Standard & Poor’s warns that companies need to be more prepared for the damaging effects of global warming on their credit ratings, especially in a global economy.
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Dutch ports logistics company HES Beheer has launched a €100m add-on loan that will complete its owners’ full purchase of the company.
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UK property firm Hammerson has refinanced a £415m revolver, cutting the margin from 150bp to 80bp.
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Kloeckner Pentaplast, the German plastic packaging maker, is allocating its €881m loan, increased by €50m, after hitting its advanced deadline for commitments with a bang.
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The International Finance Corporation (IFC) is working with the China’s National Association of Financial Market Institutional Investors (NAFMII) to smooth out technical issues preventing foreign issuers from tapping the domestic bond market.
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Bahrain’s Ahli United Bank has launched $400m of additional tier one notes at a yield of 6.875%, well inside the trading of comparable issuer Burgan Bank’s perpetuals though the deal is $100m smaller.