Pre-migration untagged articles
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Sonangol Sinopec International, the Angolan-Chinese offshore oil project, elicited a surprising response in the syndicated loan market when it asked for commitments to a $1.4bn loan.
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Sonangol Sinopec International, the Angolan-Chinese offshore oil project, elicited a surprising response in the syndicated loan market when it asked for commitments to a $1.4bn loan.
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There was a burst of single-A issuance in the Swiss franc market this week, led by France Télécom, which returned to the market on Tuesday for the first time for five years with a Sfr400m six year trade offering a coupon of 2.75%. The deal was a refinancing of the company's Sfr1bn January 2001 bond, which matured on February 22. Lead manager Credit Suisse pre-marketed the deal at Sfr300m and after discussion with key accounts was able to bring a trade of Sfr400m. Disregarding issues from Toyota Motor Credit Corp and GE Capital, this is the largest deal in the market for three years.
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And while on the subject of Royal Bank of Scotland, did you see the suggestion in a serious financial newspaper, which should have known better, that RBS might be a bid target?