Pre-migration untagged articles

The winning bidders set to acquire three French motorway companies from the government could be held to ransom by hedge funds, which have bought small stakes in the companies.

The winning bidders set to acquire three French motorway companies from the government could be held to ransom by hedge funds, which have bought small stakes in the companies.

A Eu1.5bn lower tier two transaction for single-A Banca Intesa won praise from the FIG community this week. It is the largest ever lower tier two deal for an Italian bank, and for a single-A rated bank in euros.

Poland returned to the Eurobond market on Tuesday, selling a Eu3bn 10 year bond that met with a less rapturous reception than had been expected for one of the most well regarded new European sovereign benchmark issuers.

The Republic of Italy had to price its Eu5bn 15 year syndicated BTP towards the wider end of guidance this week, underlining the difficulties supranational, sovereign and agency issuers are having in matching the tight spreads they enjoyed last year.

The first deal to come this year from the Italian Treasury's long-running securitisation programme could reach market shortly, a Eu398m CMBS for real estate fund Patrimonio dello Stato (PdS). The deal is similar in design to the FIP Funding CMBS which closed last year, a Eu1.9bn sale and leaseback of government properties for a real estate fund called Fondo Immobiliare Pubblico.

Latin American issuers flooded the international markets with about $3.4bn of bonds this week, to take advantage of the continued blind rush of investors into emerging market debt, in spite of dangerously tight spreads.

With most of the EuroMTN and bond syndicate fraternity at HSBC's 'Year of the Dog' party tonight, we're hoping that our inbox will be full up come the morning.

United Mexican States is poised to sign up to the InterNotes platform managed by Incapital Europe and Bank of America Securities.

Funding officials at Caisse Nationale des Caisses d'Epargne must have been relieved this week to have priced their $300m tier one deal last week before the market's attention was grabbed by the floundering Telefónica issue earlier this week — but CNCE still had a second leg of its capital raising exercise to do.