UK Sovereign
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The poll for GlobalCapital’s Syndicated Loans Awards is still open, but not for long – the cut off for voting is this Friday, November 21.
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The University of Northampton became the first university to make use of the UK's Infrastructure Guarantee scheme when it issued a £231.5m 40 year bond guaranteed by the government on Wednesday.
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Hapag-Lloyd, the German container shipping company, jumped into the high yield bond market on Thursday for a drive-by sale of a €250m bond, to refinance a deal maturing next year.
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Belden, the US cable maker, has tapped its 2023 bond for €200m, triggering a one notch downgrade by Moody's to Ba2 — but investors shrugged off the change.
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Martin Taylor, an external member of the Bank of England’s Financial Policy Committee, on Wednesday night delivered a broadside attacking the additional tier one market as it exists today, in a speech to the Oliver Wyman Institute.
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The International Finance Facility for Immunisation (IFFIm) will conduct a final two day roadshow ahead of its first ever sukuk transaction — a ground-breaking Islamic deal that will fund vaccine and immunisation procurement.
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Big Yellow Group, the UK provider of self-storage space, on Wednesday successfully completed the placing of over 14m new ordinary shares at Tuesday's closing share price of £5.475.
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AstraZeneca, the Anglo-Swedish pharmaceutical company, priced a €750m seven year bond on Wednesday. It was four times oversubscribed and priced somewhere near the middle of the broad range suggested by the bonds of its peers.
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Bonds of UK pub companies fell on Wednesday after the House of Commons passed a surprise amendment to a bill, which if it becomes law will mean pub tenants can no longer be obliged to buy beer from their owners.
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Informa, the UK business-to-business publishing and events group, launched a cash box placing on Tuesday morning, hoping to raise about £275m to fully fund an acquisition of Hanley Wood Exhibitions, a US events business, which was announced simultaneously. Informa got the deal done, but only raised £207m after some top shareholders said they preferred a smaller deal.
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Deutsche Bank and Barclays on Tuesday evening launched a block trade of a 10.09% stake worth £83m in Crest Nicholson, the UK housebuilder.
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A fire in its largest factory in Spain has led meat processor Campofrio to abandon plans to issue a bond to refinance senior unsecured notes maturing in 2016.