Finance & Stock Market News


EURO BONDS-Dankse Bank, Lloyds TSB, BAA

Wed, 18th Nov 2009 09:23




LONDON, Nov 18 (Reuters) - News, details on corporate bond issues in the European markets on Wednesday:



DANSKE BANK

Issue: order book is open on a 10-year euro covered bond, reports IFR Markets, a Thomson Reuters online news and market analysis service.

Spread guidance: mid-swaps plus 65 basis points area

Managing banks: Barclays Bank, Dankse Bank, RBS, SG CIB



LLOYDS TSB BANK

Issue: will price a 3-year unsecured benchmark bond later today, reports IFR Markets.

Spread guidance: mid-swaps plus 125-130 basis points.

Managing banks: BNP Paribas, Deutsche Bank, Lloyds, UniCredit.

Ratings: Moody's Aa3, S&P A+, Fitch AA-



BAA

Roadshow: The UK airports operator is on the road from Nov. 18 to update fixed income investors following its equity capital raising last week, an official at one of the banks managing the roadshow said.

Last week, parent Ferrovial said BAA was
planning a bond issue in the first quarter of 2010.

Managing banks: Citi, RBS, HSBC, BNP Paribas, Calyon



(London Corporate Finance: +44 207 542 8389)

($1=.5941 Pound)

Keywords: BOND ISSUES/



COPYRIGHT
Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.


Related Shares: Lloyds Tsb Group (LLOY).


Next Article: BRIEF-SEB sells stake in Baltic exchanges to NASDAQ OMX

Back to Finance News


Sign up for Live Prices

Datafeed and UK data supplied by ProQuote. While London South East do their best to maintain the high quality of the information displayed on this site, we cannot be held
responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.