Nuove_emissioni, collocamenti Nuove Emissioni

[qquebec]

Ottimo lavoro Gion

 

[gionmorg]

Ottimo lavoro Gion

Grazie Mod

 

[gionmorg]

KfW issued bonds in the volume of 3 to 5 billion €
Duration: 7 years, Guidance: Mid Swap +10 to 12 bp
KfW issued a bond with a volume of 3 to € 5 billion and a maturity of 7 years. Expect a spread 10 to 12 basis points over mid swap. The transaction is BNP Parbias, Credit Suisse and JPMorgan accompanied.

Of the transaction:

Issuer: KfW
Guarantor: Federal Republic of Germany
Rating: AAA, Aaa, AAA
Volume: 3 to 5 billion €
Running Time: 15/06/2018 (7 years)
Settlement: 15/06/2011
Coupon: n.bek.
Guidance: Mid Swap +10 to 12 bp
Denomination: 1,000 €
Bookrunner: BNP Parbias, Credit Suisse and JPMorgan
Timing: today in the placement

YTM 3.18/3.20 ca

 

[samantaao]

KTG Agrar - subscription period ended early
KTG Agrar AG has its second corporate bond (ISIN: DE000A1H3VN9) successfully placed. Due to high demand from institutional and private investors, the offer period of the emission with a total volume of 50 million € was terminated prematurely. This was announced by the company as early as 9.29 clock.

Main features of the issue:
Issuer: KTG Agrar AG
WKN / ISIN: A1H3VN / DE000A1H3VN9
Duration: 06/05/2017
Interest Date: 06.06. all year
Coupon: 7.125%
Denomination: 1000 €
Rating: BBB (by Credit Reform)
Issue amount: 50 million €
Inst Sales: youmex
Internet: KTG Agrar AG

qualcuno è riuscito a prenderla?

 

[gm139]

Ma il 7,125% non è tanto per una BBB.

Ma cosa significa "by Credit Reform?"

 

[E|_f0]

Cdp prezza bond 2016 4,25% da 750 mln euro 99,634 a reoffer

Cdp prezza bond 2016 4,25% da 750 mln euro 99,634 a reoffer | Mercati | Bond | Reuters

 

[gionmorg]

Norske Skog priced the EUR 150 mn 5-year bond offering to yield 13% with a coupon of 11.75%. Earlier, Norske had halved the size of its intended bond offering from EUR 300 mn to EUR 150 mn citing volatile and challenging market conditions.

 

[gionmorg]

Prices EUR 300 mn of Senior Secured Notes to part refinance TLG and TLJ; Moody’s assigns Ba3, Fitch BB+ to the new issue
“Buy”6.375% 11/20 at 96.7 or a Z-spread of 360 bps
As announced earlier this week, Telenet yesterday issued EUR 300 mn of senior secured FRNs under a private placement to part refinance existing term loan debt (tranches G and J). It used a structure similar to prior transactions, with the Issuer SPV becoming a lender under the senior bank facilities. Pricing is rumoured to be at a margin of 400 bps over Euribor. Moody’s and Fitch assigned a rating of Ba3 and BB+ respectively to the new issue, one notch below investment grade. In our view, this might be a hint that Telenet may very well follow in Virgin Media’s footsteps and become the second European cable company to obtain an investment grade rating for its senior secured debt. As discussed yesterday in this place, management estimates current leverage to be at 2.8x LTM EBITDA (Adj.), although a more realistic assessment in our opinion is 4.0x LTM EBITDA, pro forma for the authorised share buy-backs and the leases. This transaction will not materially change the fundamentals of the credit, but will help extend maturities and provide flexibility. We expect leverage to stabilise this year towards 3.5x LTM EBITDA (Adj.), once the share buy-backs complete at the end of the summer, at the top end of the range management has given as its comfort zone, between 2.5x and 3.5x LTM EBITDA (Adj.).
Separately, the Belgium regulator yesterday extended Telenet’s deadline to bid for a 3G licence until June 27th. As Telenet (through Tecteo, its JV with Voo) was the only bidder for the fourth licence, we do not expect this delay to pose a significant threat to the bid. We maintain our “Low Risk” assessment on the LARA scale.

 

[qquebec]

Norske Skog priced the EUR 150 mn 5-year bond offering to yield 13% with a coupon of 11.75%. Earlier, Norske had halved the size of its intended bond offering from EUR 300 mn to EUR 150 mn citing volatile and challenging market conditions.

Qui siamo ai livelli di Seat e Ideal Standard come cedola

 

[gionmorg]

New bond issue: Kia Motors sells USD 500m in 2016 bonds with 3.625% coupon

Kia Motors (Korea) on June 7, 2011 placed USD 500m in bonds with a 3.625% coupon, maturing in 2016. The bond was priced at 99.688% to yield 3.694%. BofA Merrill Lynch, Citigroup, Korea Development Bank, Morgan Stanley arranged the deal.

Issuer, issue number: Kia Motors, 2016
Type of debt instrument: Eurobonds
Issue status: outstanding
Type of placement: public
Par, currency of issue: USD, 200000
Amount: 500 000 000
ISIN: USY47606AC59
End of placement: Jun 07 2011
Issue price: 99.688
Yield at Pricing: 3.694%
Coupon: 3.625%
Settlement Date: Jun 14 2011
Maturity date: Jun 14 2016
Issue Managers: BofA Merrill Lynch, Citigroup, Korea Development Bank, Morgan Stanley
Outstanding issues:
1 issue(s) outstanding worth USD 500 000 000