Nuove_emissioni, collocamenti Nuove Emissioni

[gionmorg]

Czech Railways issued EUR bond with a maturity of 300 million €
Guidance: Mid swap +312.5 bp
Czech Railways issued a EUR bond with a maturity of 300 million € and a duration of 7 years. Expect a spread of 312.5 bp is. The transaction is supported by Barclays Capital, Citigroup and ING. of the transaction:

Issuer: České dráhy, as
Rating: Baa1 by Moody's
volume: € 300 million
Term: 7 years
Coupon: fixed, n.bek.
Guidance: Mid Swap +312.5 bp
Angew. Law: English Law
Listing: Luxembourg
Denomination: EUR 100,000
Bookrunners: Barclays Capital, Citigroup and ING
covenants: Change of Control - investor put a nominal value, if the state share is below 75%

 

[gionmorg]

Porsche goes promissory notes over 500 million €
With a € 500 million promissory note transaction, Dr. Ing hc F. Porsche AG, the placement success of the Loan of 2011 may repeat. The great interest of investors led therefore to a significant overstatement of the originally intended volume of € 200 million. "We are pleased that we could repeat the success from last year. Particularly positive was the overwhelming demand, which was even significantly higher than the € 500 million set internally drawing limit. This speaks to the strength of the Porsche brand in the credit market, "said Lutz Meschke, Chief Financial Officer of the sports car manufacturer from Zuffenhausen. "The promissory note is an important tool in our interest expense continues to be significantly reduced. The proceeds from this offering will be fully used to repay a high-interest U.S. dollar debt. The converted promissory notes is thus part of our strategy to reduce the interest costs of Porsche AG and the net debt in the automobile business continues due. " The promissory note was from Landesbank Baden-Wuerttemberg and UniCredit Bank Ltd. in four tranches with fixed and floating interest rates and maturities of four and six years arranged. The majority of German investors were particularly credit unions, savings banks, state banks and private banks and

 

[gionmorg]

New bond issue: BBVA Bancomer sells USD 1000m in 2022 bonds with 6.75% coupon

BBVA Bancomer (Mexico) on July 19, 2012 placed USD 1000m in bonds with a 6.75% coupon, maturing in 2022. The bond was priced at 99.97% to yield 6.75%. BBVA, Bank of America Merrill Lynch, Goldman Sachs arranged the deal.

inShare



Issuer, issue number: BBVA Bancomer, 2022-2
Type of debt instrument: Eurobonds
Issue status: outstanding
Type of placement: public
Par, currency of issue: USD, 150000
Amount: 1 000 000 000
ISIN: USP16259AH99
End of placement: Jul 19 2012
Issue price: 99.97
Yield at Pricing: 6.75%
Coupon: 6.75%
Coupon frequency: 2 time(s) per year
Settlement Date: Jul 19 2012
Maturity date: Sep 30 2022
Issue Managers: BBVA, Bank of America Merrill Lynch, Goldman Sachs
Issuer profile:
Grupo Financiero BBVA Bancomer SA is the Mexican unit of Spain’s second-largest bank BBVA.

Outstanding issues:
6 issue(s) outstanding worth USD 5 000 000 000
1 issue(s) outstanding worth EUR 600 000 000

 

[gionmorg]

New bond issue: Halkbank sells USD 750m in 2017 bonds with 4.875% coupon

Halkbank (Turkey) on July 12, 2012 placed USD 750m in bonds with a 4.875% coupon, maturing in 2017. The bond was priced at 99.453% to yield 5%. Bank of America Merrill Lynch, Citi, Deutsche Bank
arranged the deal.

inShare



Issuer, issue number: Halkbank, 2017
Type of debt instrument: Eurobonds
Issue status: outstanding
Type of placement: public
Par, currency of issue: USD, 200000
Amount: 750 000 000
ISIN: XS0806482948
End of placement: Jul 12 2012
Issue price: 99.453
Yield at Pricing: 5%
Coupon: 4.875%
Coupon frequency: 2 time(s) per year
Settlement Date: Jul 19 2012
Maturity date: Jul 19 2017
Issue Managers: Bank of America Merrill Lynch, Citi, Deutsche Bank
Trading floor: London S.E.
Outstanding issues:
1 issue(s) outstanding worth USD 750 000 000

 

[gionmorg]

NORD / LB issued public bonds with a maturity of more than 7 years
Volume: 500 million €
The NORD / LB Öffenltichen emits a mortgage with a term to December 2019 and a volume of 500 million €. The transaction is supported by Credit Suisse, ING, Natixis, NORD / LB and UniCredit.

of the transaction:

Issuer: NORD / LB
Rating: Aaa (Moody's), AAA (Fitch)
Volume: 500 million € (will not be increased )
Running Time: 12/05/2019
Settlement: 06/24/2012
Coupon: . fix, n.bek
Guidance: Mid swap plus at least 10 bp
Listing: Luxembourg
Denomination: EUR 1,000
bookrunner Credit Suisse, ING, Natixis, NORD / LB and

 

[gionmorg]

New Ukrainian Eurobond: US$2.0bn for five years at 9.25%

Taras Kotovych, Fixed-income analyst, Investment Capital Ukraine:

The Government of Ukraine (B2/B+/B) yesterday unexpectedly announced an accelerated book offering of a new public Eurobond offering. The guidelines were an interest rate of 9.50-9.75%, a 5-year tenor, and the bookrunners are JPMorgan, Morgan Stanley, VTB Capital and Sberbank (via Troika Dialog). The final conditions were fixed at a US$2.0bn 5-year Eurobond with a final yield at 9.25%.
Investment implications: During this past winter and spring, the MoF had declared a 9.0% interest rate ceiling for the new placement and banks had proposed interest rates even lower. However, as soon as the YTM of Ukrainian Eurobonds declined below 9.0%, the MoF announced the new issue and closed the book with a final yield just 25bp above its ceiling. As the placement is for US$2.0bn, the yield is not very high. While the YTM of UKRAIN 6.75% '17 was at about 8.77% and its spread to 5-year US treasuries was 817bp yesterday, the MoF issued Eurobonds with new issue premium of approximately 50bp. As the interest rate of this issue is lower than that of MoF FX-denominated domestic primary market auction offerings, the MoF might attempt to decrease interest rates of FX-denominated and USD-indexed bonds at upcoming auctions.

inShare



Issuer, issue number: Ukraine, 2017-2
Type of debt instrument: Eurobonds
Issue status: outstanding
Type of placement: public
Par, currency of issue: USD, 200000
Amount: 2 000 000 000
ISIN: XS0808758196
End of placement: Jul 17 2012
Issue price: 100
Yield at Pricing: 9.25%
Coupon: 9.25%
Settlement Date: Jul 24 2012
Maturity date: Jul 24 2017
Issue Managers: JP Morgan, Morgan Stanley, Troika Dialog, VTB Capital
Trading floor: Irish S.E.
Outstanding issues:
23 issue(s) outstanding worth USD 11 875 091 000
126 issue(s) outstanding worth UAH 171 806 268 000
4 issue(s) outstanding worth EUR 915 000 000

Issuer's rating:
Moody's Investors Service B2/Negative LT Int. Scale (foreign curr) 15.12.2011
Moody's Investors Service B2/Negative LT Int. Scale (loc. curr.) 15.12.2011
Standard & Poor's uaAA- LT National Scale (Ukraine) 29.07.2010
Standard & Poor's B+/Negative LT Int. Scale (loc. curr.) 15.03.2012
Standard & Poor's B+/Negative LT Int. Scale (foreign curr.) 15.03.2012
Fitch Ratings B/Stable LT Int. Scale (foreign curr.) 10.07.2012
Fitch Ratings B/Stable LT Int.l Scale (local curr.) 10.07.2012

 

[gionmorg]

New bond issue: Sri Lanka sells USD 1000m in 2022 bonds with 5.875% coupon

Sri Lanka (Sri Lanka) on July 17, 2012 placed USD 1000m in bonds with a 5.875% coupon, maturing in 2022. The bond was priced at 100% to yield 5.875%. Bank of America Merrill Lynch, Barclays Capital, Citigroup, HSBC arranged the deal.

inShare



Issuer, issue number: Sri Lanka, 2022
Type of debt instrument: Eurobonds
Issue status: outstanding
Type of placement: public
Par, currency of issue: USD, 100000
Amount: 1 000 000 000
End of placement: Jul 17 2012
Issue price: 100
Yield at Pricing: 5.875%
Coupon: 5.875%
Coupon frequency: 2 time(s) per year
Settlement Date: Jul 17 2012
Maturity date: Jul 17 2022
Issue Managers: Bank of America Merrill Lynch, Barclays Capital, Citigroup, HSBC
Issuer profile:
Sri Lanka is an island country in South Asia, located about 31 kilometres off the southern coast of India.
Area – 65 610 sq.km (122th).
Population – 20,2 mln. (53th)
The capital is Sri Jayawardenapura-Kotte.
Official language – Sinhala, Tamil.
Local currency – Sri Lankan rupee (LKR).
Government – Democratic Socialist Republic.

Outstanding issues:
5 issue(s) outstanding worth USD 4 000 000 000

Issuer's rating:
Moody's Investors Service B1/Positive LT Int. Scale (foreign curr) 18.07.2011
Standard & Poor's B+/Positive LT Int. Scale (foreign curr.) 29.02.2012
Standard & Poor's B+/Positive LT Int. Scale (loc. curr.) 29.02.2012
Fitch Ratings BB-/Stable LT Int. Scale (foreign curr.) 04.07.2012
Fitch Ratings BB-/Stable LT Int.l Scale (local curr.) 04.07.2012

 

[gionmorg]

European Investment Bank issued bonds in volume of 500 million €
Running time 13 years, coupon 2.750%
The EIB European Investment Bank has issued a bond in the amount of € 500 million and a term of 13 years (ISIN: XS0807336077) . The coupon is 2.750%, the denomination of EUR 1,000.

The European Investment Bank (EIB) is the bank of the EU. Its shareholders are the 27 Member States that have signed the share capital of the bank and appoint the members of its Board of Governors, which are usually the Finance Ministers of these countries. . Mission of the Bank to provide long-term financing of projects

: Key data of the transaction
Issuer: EIB European Investment Bank
Ratings: Aaa, AAA, AAA
Tap volume: € 500 million
Running Time: 15/09/2025
Settlement: 23/07/2012
first coupon: 15.09.2012
Coupon: 2.750%
Denomination: 1000

 

[gionmorg]

New bond issue: Development Bank of Kazahstan sells MYR 240m in 2017 sukuk with 5.5% coupon

Development Bank of Kazahstan on July 19, 2012 placed MYR 240m in sukuk with a 5.5% coupon, maturing in 2017. The bond was priced at 100% to yield 5.5%. HSBC, RBS, Halyk Finance, AmInvestmentBank, Kuwait Finance House arranged the deal.

inShare



Issuer, issue number: Development Bank of Kazahstan, 2017, MYR
Type of debt instrument: Eurobonds
Issue status: outstanding
Type of placement: public
Par, currency of issue: MYR, 1000
Amount: 240 000 000
End of placement: Jul 19 2012
Issue price: 100
Yield at Pricing: 5.5%
Coupon: 5.5%
Settlement Date: Aug 03 2017
Maturity date: Aug 03 2017
Issue Managers: RBS, HSBC, Halyk Finance
Trading floor: KASE
Issuer profile:
CJSC Development Bank of Kazakhstan was established on May 31, 2001. The primary mission of the bank was development and efficiency enhancement of the government investment operations.
The stockholders of the Bank are the Government of the Republic of Kazakhstan represented by the Ministry of Finance of the Republic of Kazakhstan and local executive organizations of the Republic of Kazakhstan.

Outstanding issues:
4 issue(s) outstanding worth USD 1 127 000 000
1 issue(s) outstanding worth MYR 240 000 000

Issuer's rating:
Moody's Investors Service Baa3/Stable LT Int. Scale (foreign curr) 04.05.2010
Standard & Poor's BBB+/Stable LT Int. Scale (foreign curr.) 08.11.2011
Standard & Poor's BBB+/Stable LT Int. Scale (loc. curr.) 08.11.2011
Standard & Poor's kzAAA LT National Scale (Kazakhstan) 16.06.2010
Fitch Ratings BBB/Positive LT Int.l Scale (local curr.) 23.11.2011
Fitch Ratings BBB-/Positive LT Int. Scale (foreign curr.) 23.11.2011

 

[gionmorg]

Sanochemia Pharmaceuticals AG issued bonds in volume of 15 million €
Subscription period: 23.07.-05.08.2012
Sanochemia Pharmaceuticals AG issues a bond with a coupon of 7.750% (ISIN: DE000A1G7JQ9). This is worth up to € 15 million and is expected on 23 July 2012 to 5 August 2012 in Austria and Germany in Europe in the public and a private placement offered to interested investors to subscribe. Lengthening or shortening the offer period will remain reserved. The bond can be bought directly from the Issuer. The proceeds will primarily finance the Sanochemia Pharmaceuticals AG its growth strategy. Here, in particular investment in internationalization, the expansion of the veterinary business and provided in the area of product development. Parts of the collected current in addition to capital to finance clinical trials and in the coverage of short-term liabilities