© 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 369,358 results that match your search.369,358 results
  • UBS Warburg and WestLB yesterday (Thursday) opened the books on the Sfr200m IPO of Royalty Pharma, the Swiss drugs company. Royalty Pharma will sell 4.1m primary shares plus a greenshoe of 650,000 secondary shares at Sfr40-Sfr45 each. The company, which buys patents to drugs and receives royalties on the drugs' sales, is unique. Investors have no comparables to value it against, but may be attracted by the unusual nature of the stock.
  • Syndication of the $250m three year facility for Slavneft is going well. General syndication is due to be closed on June 14 and the deal will be signed soon after. Citigroup/SSB is mandated arranger. Deutsche Bank, KBC, Shell and Glencore are arrangers and underwriters, and BNP Paribas, HVB Group and International Moscow Bank (IMB) are arrangers.
  • Rating: A1/AA- Amount: Eu350m
  • Guarantor: Caja de Ahorros y Monte de Piedad de las Baleares Rating: A- (Fitch)
  • South African pulp and paper company Sappi has completed a blowout debut issue with a 12 times oversubscribed $750m bond. Joint lead managers and bookrunners JP Morgan and Citigroup/SSSB were able to increase the size of the issue from $500m to $750m due to the volume of demand, through the addition of a $250m 30 year tranche on top of the original $500m 10 year tranche. Morgan Stanley was joint lead, non-books.
  • HSBC and Lloyds have arranged a club loan for high street department store Selfridges. The list of banks joining the £100m club loan will be released soon.
  • Fiera Milano, Europe's second largest conference centre, has mandated SG and UniCredit Banca Mobiliare to lead its flotation, planned for later this year. The company will list on the Star segment of the Borsa Italiana, the high disclosure segment for corporates with a market capitalisation of less than Eu800m. Some 30 banks bid to lead the IPO, indicating just how desperate bankers are for deals.
  • Unicorn Square has signed up DBS and OCBC for a $300m three year facility. The details are being finalised before launch next week.
  • Documentation for the Eu20m five year club-style bullet facility for Banka Koper was signed on June 4. Arrangers were BayernLB, Baden-Württembergische Bank, LB Kiel, NordLB and RZB. The credit pays a margin of 52.5bp over Libor.
  • Guarantor: Capitol Records Inc Rating: Baa2/BBB
  • Barclays, Deutsche Bank (sole bookrunner), Lehman Brothers and Royal Bank of Scotland will wrap up syndication of the £1.28bn acquisition loan for Enterprise Inns by the end of the week. The deal is around 40% oversubscribed at the sub-underwriting level and no general syndication will be necessary. Syndication has been a blowout success and bankers say the deal has benefited from a quiet UK market and support from a strong set of relationship banks.