Santander
-
PKN Orlen was on track to print a seven year dollar bond with books over €1.5bn at guidance on Wednesday. -
-
Meatpacker Marfrig increased the size of the its new seven year non-call three bond from $500m to $750m to send a message that, in the case of certain issuers at least, Brazil is back.
-
The Autonomous Community of Castille and León sold on Wednesday its first bond in several years, eschewing the cheap funding available from its central government in favour of greater independence.
-
UK homebuilder McCarthy & Stone has extended the maturity and reduced the interest cost of its £200m revolving credit facility.
-
Meatpacker Marfrig announced initial price thoughts low to mid 8% area for a new seven year non-call three bond expected to be priced on Wednesday, with S&P so impressed by the company’s capital market activity that it assigned a positive outlook to the rating.
-
A Spanish region is set to bring its first syndication in 18 months, after mandating banks on Tuesday for a five year euro deal.
-
Meatpacker Marfrig will meet investors this week as it looks to show that the poor secondary market performance of Petrobras’ new bond will not damage Brazilian companies’ ambitions of returning to markets.
-
Bookmaker William Hill on Friday sold £350m of unsecured bonds in a sterling high yield market increasingly convinced that the June referendum will support the UK’s European Union membership.
-
Latin America bond bankers put on brave faces after Petrobras’ return to bond markets soured when its new 10 year traded down as much as five points just two days after pricing. Oliver West reports.
-
Caja Rural de Castilla-La Mancha this week issued the first Cédulas in more than two months and swept aside concerns that peripheral issuers would need to pay lavish new issue concessions.
-
Latin American DCM bankers drew positive conclusions from Petrobras’ first international bond in nearly a year as the Brazilian state oil giant raised more than twice what it needed to for a liability management exercise.
