© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Search results for

Tip: Use operators exact match "", AND, OR to customise your search. You can use them separately or you can combine them to find specific content.
There are 369,167 results that match your search.369,167 results
  • Mandated lead arrangers ING (bookrunner), HBOS (bookrunner) and Goldman Sachs have closed the general syndication of the £525m debt facilities supporting the recapitalisation of DIY retailer Focus Wickes. Banks will be signed in next Wednesday.
  • Ford last week became the inaugural issuer of InterNotes in Europe under a continuous offering programme arranged by Bank of America and Incapital Europe. The issuer is FCE Bank plc and the deals, offered at par from April 28 to May 2, are euro denominated with two, four and five year maturities paying coupons of 5%, 5.75% and 6% respectively. Ford's InterNotes will also be made available to investors in sterling.
  • Vivendi Universal's Eu2.5bn loan will be signed next week. The loan carries an initial margin of 275bp over Euribor for a rating B+/B1 on both a Eu1.5bn three year revolver and a Eu1bn revolver. Banks were invited to join the fully underwritten loan as arrangers taking Eu100m for 125bp, as senior co-arrangers committing Eu75m for 100bp or as co-arrangers taking Eu50m for 80bp.
  • The French loan market is gearing up for a busy May with a raft of deals being prepared for syndication and a number of big mandates still to be awarded. So far this year, the supply of French assets has not kept up with demand and bankers are hopeful that while supply will be increased there will still be additional appetite to place these deals comfortably.
  • Rating: Aaa/AAA Amount: $1bn
  • Rating: A-/A (S&P/Fitch) Amount: Eu400m
  • Rating: Aaa/AAA Amount: $2bn (increased from $1.5bn)
  • Pre-hedging before the launch of an equity-linked bond amounts to market abuse, the UK regulator confirmed this week. The Financial Services Authority launched a consultation paper on the topic last July with the aim of shedding some light on a grey area of equity capital markets practice.
  • As the $1.4bn settlement by investment bank forces a structural reform of equity research in the US (see above), a radical move by fund manager Gartmore is leading to a similar restructuring in Europe. Gartmore struck what may be a fatal blow for many bank analysts in April when it agreed to separate trading and research commissions with Goldman Sachs and Merrill Lynch.
  • Rating: Aaa/AAA Amount: Eu500m
  • Rating: Aaa/AAA Amount: NZ$100m
  • Rating: Aaa/AAA/AAA Amount: £250m