© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 161 Farringdon Rd, London EC1R 3AL. All rights reserved.

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

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 373,011 results that match your search.373,011 results
  • EuroWeek has heard the mandate to arrange the $130m three year unsecured facility for Transneft was awarded to Citigroup/SSSB and RZB on Tuesday. The deal will carry a margin in the high 200s, say bankers. One said that this deal will be groundbreaking - it is the first unsecured deal since the 1998 financial crisis. It will also be the first deal to push for a margin below 300bp over Libor.
  • Barclays and Lloyds TSB hope to sign banks into the £112m dual tranche project financing for Severn River Crossing by Monday. Banks to be signed in are Allied Irish Bank, Bank of Ireland, CDC, BayernLB, Depfa, Fortis Bank and CIC. The deal matures on March 31 2011 and offers a margin of 75bp over Libor.
  • Development Bank of Singapore and ABN Amro have completed the S$150m three year term loan for Singapore Post. Despite the deal being oversubscribed, the borrower did not increase the deal. Commonwealth Bank of Australia, Crédit Agricole Indosuez, Maybank and United Overseas Bank are lead managers
  • Mandated arrangers Africa Merchant Bank, BNP Paribas, Natexis Banques Populaires and SG at last launched the $1.15bn 5-1/2 year pre-export financing for Sociedade Nacional de Combustiveis (Sonangol) into senior syndication on Wednesday. The deal is the largest the borrower has attempted and carries the longest tenor it has ever requested.
  • The management of Six Continents urged its shareholders to reject a £5.6bn hostile offer from Hugh Osmond's Capital Management and Investment (CIM). In response Osmond yesterday (Thursday) sent a strongly worded letter to Six Continents shareholders headed, "Six Continents plc is railroading its shareholders, keep your options open: vote against the demerger".
  • The South African government completed the largest IPO of the year on Tuesday when it sold 25% of telecoms operator Telkom.
  • The South African government completed the largest IPO of the year on Tuesday when it sold 25% of telecoms operator Telkom.
  • Amount: £350m Class A1 notes: $262m
  • BBVA, La Caixa and Citigroup/SSSB have launched the sub-underwriting phase of the Eu750m dual tranche loan for Empresa Nacional del Gas SA (Enagas). Banks have been invited to underwrite Eu75m for an underwriting fee of 7.5bp to be brought down to an indicative final hold position of Eu45m for a participation fee of 22.5bp.
  • The ECB cut interest rates by 25bp yesterday (Thursday). There are increasing calls in the US for the Federal Reserve to also lower the Fed Funds rate yet again. Both European and US economies remain feeble and a war against Iraq is on the horizon. For this, and other reasons, swap spreads remain subjected to considerable downward pressure this week. At least in the dollar market, these pressures were compounded this week by a lively new issue market which saw more swap-driven business than in recent weeks.