© 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 369,018 results that match your search.369,018 results
  • Rating: Aaa/AAA/AAA Amount: $2bn
  • Rating: Aaa/AAA Amount: $3bn
  • Mandated arrangers Barclays (sole bookrunner), JP Morgan and Nordea signed banks into the Eu400m five year revolver for Fingrid Oyi this Monday. Commerzbank, Danske Bank and Sampo Bank joined as arrangers. ING, Handelsbanken and Garras Bank joined as co-arrangers.
  • The bond market this week was supposed to be winding down ahead of the Christmas break, but issuers and investors remain active in dollars, euros and sterling, absorbing an unusual number of benchmark transactions for the time of year. The success of France Télécom's euro and sterling bonds shows that investors have well and truly bought into the company's restructuring plans, allowing the euro tranche to be increased from Eu1.5bn to Eu2.5bn. The pricing of the 2009 bond at 290bp over mid-swaps - at the tight end of the 290bp-300bp price talk - attracted a book in excess of Eu5bn with, said the lead managers, very little switch interest.
  • Banks that submitted bids for Electricité de France's new Eu6bn dual tranche facility (EdF), expect a reply from the borrower before Christmas. Pricing will be tight with a margin of around 15bp offered on the five year tranche.
  • Rating: Baa3/BBB-/BBB- Tranche 1: Eu2.5bn
  • France Télécom, Europe’s most indebted company, returned to the Euromarkets in style this week, effortlessly raising nearly Eu3bn in euros and sterling after a market absence of over a year.
  • France Télécom, Europe’s most indebted company, returned to the Euromarkets in style this week, effortlessly raising nearly Eu3bn in euros and sterling after a market absence of over a year.
  • Amount: Eu1.02bn Rating: Moody's/Fitch
  • After Ball Corporation's successful US high yield issue and an exceptional response from the US institutional market to the $350m dollar 'B' tranche of its loan- which was oversubscribed to $700m - syndication of its acquisition facility has been closed. Popularity of the senior 'B' tranche meant that the margin was reverse flexed from 250bp over Libor to 225bp and a $495m five year revolver was downsized by $50m equivalent after the issue. Around Eu100m was raised from European investors. Bank of America, Deutsche Bank and Lehman Brothers lead the high yield issue, which had a 6.875 coupon and was increased from $200m. Deutsche Bank and Bank of America arranged Ball's Eu900m acquisition facility that backed its takeover of German beverage can maker Schmalback-Lubeca. Bank One, BNP Paribas and Lehman Brothers committed to the deal in senior positions. The facility is split into a $445m five year revolver offering 200bp over Libor and a $35m equivalent five year revolver denominated in Canadian dollars paying 200bp. There is a $250m equivalent five year term loan 'A' denominated in euros and sterling carrying a margin of 200bp, a $300m seven year term loan 'B1' denominated in euros offering 250bp and a $350m seven year term loan 'B2' also offering 225bp. After the acquisition the company will be levered at around 3.5 times net debt to Ebitda.
  • Rating: Baa1/BBB+ Amount: £125m (fungible with £200m issue launched 03/05/02)
  • HVB Group has arranged a Eu33.6m project loan and leasing facility for Greek wind farm Rokas Aeoliki Thraki. The facility will include: a lease of the wind turbines provided by HVB Group's leasing vehicle BIL International; a term loan; and various bridge loans.