Nuove_emissioni, collocamenti Nuove Emissioni

[gionmorg]

Rhineland-Palatinate floaters issued with a maturity of 5 years
Volume of EUR 1 billion, Coupon: 3-month Euribor -2 bp
The Rhineland-Palatinate issued a bond with a floating rate (FRN) and a volume of EUR 1 billion and a term of 5 years. Expected is a spread of -2 bp compared to the 3-month Euribor. The transaction is accompanied by BayernLB, Helaba and LBBW.

of the transaction:
Issuer: Rhineland-Palatinate
format: State Treasury Note (FRN)
Rating: AAA by Fitch
volume: EUR 1 billion
Coupon: 3-month Euribor -2 bp
reoffer: Coupon: 99.90%, 3-month Euribor flat
Duration: 18.09.2017
Settlement: 09/18/2012
Listing: Frankfurt
denominations: ***8364; 100,000
Bookrunner: BayernLB, Helaba, LBBW

 

[gionmorg]

Continental subsidiary Continental Rubber of America issued high yield bonds with a maturity of 7 years
Guidance: Coupon 4.500% -4.750%, volume of USD 750 million
Continental Rubber of America, Corp.., Delaware emits a high-yield bond with a maturity of 7 years and a volume of $ 750 million. Expected a coupon of 4.500% -4.750%. The transaction is accompanied by Bank of America ML, Credit Agricole CIB, German Bank, HSBC, JPMorgan and RBS.

of the transaction:

Issuer: Continental Rubber of America, Corp., Delaware.
Guarantor: Continental AG
Format: Senior secured
Rating: Ba3, BB Volume: 750 million USD
Coupon: 4.500% -4.750% (expected)
running time: 7 years
Bookrunner: Bank of America ML, Credit Agricole CIB, German Bank, HSBC, JPMorgan and RBS

 

[gionmorg]

Techem issued bonds and subordinated
Roadshow starts tomorrow
Techem issued a bond with a maturity of 7 years and a volume of 410 million euros . Techem Energy Metering Services GmbH & Co. KG also issued a subordinated bond with a maturity of 8 years and a volume of EUR 325 million. The transaction is accompanied by JP Morgan, German Bank, Credit Agricole CIB, Commerzbank, RBS and UniCredit. The road show will begin tomorrow.

of the transaction:

Issuer
Techem GmbH -Techem Energy Metering Services GmbH & Co. KG
Format Senior secured - Senior subordinated
Volume EUR 410 million - EUR 325 million
Term 7 years - 8 years
Call Protection 3 years - 4 years
Erwart. Ratings Ba3, B +, BB - B3, B-, B

 

[gionmorg]

MAN SE issued bond for 500 million euros, Guidance: mid swap +55 bp
Duration: 3 years
MAN SE issued a bond with a maturity of 3 years and a volume of 500 million euros. Expected is a spread of 55 bp over mid swap. The transaction is supported by HSBC, Mizuho, ***8203;***8203;Societe Generale CIB and UniCredit.

of the transaction:

Issuer: MAN SE
Ratings: A3, A-
Volume: 500 million euro (does not increase)
Duration: 21.09.2015
Settlement: 21/09/2012
Guidance: mid swap +55 bp
Denomination: EUR 1,000
Listing: Luxembourg
Bookrunner: HSBC, Mizuho, ***8203;***8203;Societe Generale CIB and UniCredit

 

[gionmorg]

eterna bond - Coupon: 8.00%
Eterna Mode Holding GmbH, traditional and innovative shirting manufacturer with one of the leading brands in Germany shirt goes, a corporate bond with a planned issue volume of EUR 35 million. The offer period starts on Monday, 24 September 2012, subject to early closing of the offer period on 5 October 2012. Expected on 9 October 2012 to be included in the trade for the first time the bond segment for SMEs 'Bondm' the Stuttgart Stock Exchange. Investors a coupon of 8.00% pa for a period of five years is offered. The creditworthiness of eterna Mode GmbH was the Creditreform Rating with grade BB-rated. Interested investors can bond over the Zeichnungsbox the Stuttgart Stock Exchange and their clearing bank draw, stating the DE000A1REXA4 ISIN or WKN A1REXA. Lead manager and bookrunner of the ICF Kursmakler AG. Peter Rentsch, managing partner of eterna Mode Holding GmbH, one of the objectives of the bond issue: to be 'Our goal is, in the long term the most coveted shirt brand in Europe. Approx. 70% of the net proceeds will be devoted to the refinancing of loans. The other max. 30% will be used to implement our growth strategy. ' Essential components of the company's strategy are to increase the number of eterna own stores and to strengthen its retail business. Also plans eterna to expand its high-margin online business and promote the internationalization. Already, the company has 43 own eterna stores and 9 franchise stores, including 6 in Russia. 'To achieve our goals, we rely on our competitive strengths. This includes a high level of innovation, the processing of the finest Swiss cottons, a purely European production and the highest delivery and product quality. All this comes in our motto, 'eterna - perfection feel'. Expressed 'explains Peter Rentsch In the past three years obtained the eterna Mode Holding GmbH as compared to the market on average sales growth of 3.5% pa 96.5 million EUR in 2011. Simultaneously generated the Passau fashion company generated EBITDA of approximately EUR 14.0 million, representing an EBITDA margin of 14.5%. Despite the cool weather in the spring of 2012 and thus lower sales for Long sleeve eterna scored in the 1st Half of 2012 sales of EUR 46.2 million, EBITDA of EUR 6.5 million and earnings before interest and taxes (EBIT) of EUR 2.1 million. In the past five years, recorded eterna by high operating cash flows by an average of 5.8 million EUR per year, allowing the company since 2007, was able to repay loans of more than EUR 40 million. 'The planned proceeds of the bond we want to reduce existing bank significantly. This opens up new business opportunities for us, which we will also finance with bond proceeds. We are confident that through our clear forward strategy, our established brand, the high profitability and, not least, an attractive bond coupon of 8.00% can win many investors, 'says Peter Rentsch. Key data of the eterna bond: volume: EUR 35 million . interest rate: 8.00% pa Rating: BB-(Credit Reform) Duration: 5 years Minimum deposit: EUR 1.000, - Redemption: 100% of the principal amount of the start of the Offer Period: 2 4 September 2012 Start of listing: 9th October 2012 Market Segment: 'Bondm' Market

 

[gionmorg]

Enterprise Holdings Limited issued SME A-rated bond, coupon 7.00%
Subscription period 17.09.-09.24.2012
(To move the Enterprise Holdings Limited, a holding company and a company specializing in niche solutions insurance boutique plans first pa a corporate bond with a volume of up to EUR 35 million at an annual interest rate of 7.00% and a term of 5 years ISIN: DE000A1G9AQ4 / WKN: A1G9AQ). The loan granted to the investors a package of collateral. Investors may require eg, once at 3 years, the repayment of the bond. In addition, the monthly profits until the interest due including repayment amount of the bonds accumulated in a special account and the account balance regularly published on the company website. subscription period and the start of trading The subscription period of the loan is from 17.09.-24.09.2012 and can be terminated prematurely . After the expiry of the subscription period, the bond on the Frankfurt Stock Exchange (Segment: Entry Standard for bonds) traded. The trading of the Bonds is expected to be the 26th September 2012. The net proceeds from the issuance of the Notes will be used by Enterprise Holdings Ltd. for its planned further profitable growth. Almost debt-free insurance, profitable and high liquidity inflows is "The bond of our hitherto virtually debt-free growing company and the regular high cash flows, the ideal form of financing. The Enterprise Holdings Group has the opportunity in the coming months to expand their business strong and complete very profitable contracts. With the proceeds of the bond we can achieve in the short term. The order pipeline is already well stocked with high-margin insurance options, "said Andrew John Flowers, CEO and founder of Enterprise Holdings. For private investors with a denomination of EUR 1,000 the bond is targeted both to institutional investors, and private investors. The bond can be drawn from the beginning of the subscription period at banks, online banks and financial intermediaries in Germany and Austria and the drawing functionality of the Frankfurt Stock Exchange. Accompanied the bond issue by the VEM Bank AG. Will continue its successful growth strategy , the strategic focus of the Enterprise Holdings group is still focused on organic growth in the insurance sector, particularly in Europe. "We have our regular premium sales in recent years has more than doubled and funding for this organic growth, with current income. The proceeds from the bond to give us the opportunity to generate ***8364; 200 million in new business. To another 50 million with the current income from the existing insurance portfolio. Some some very attractive offers for niche insurance solutions before we ready for signing. Want to use these opportunities for profitable growth we, "says Andrew John Flowers, CEO of Enterprise Holdings. Enterprise Holdings Group - an owner-managed insurance boutique The by founder-run family company holding company of several subsidiary insurance services boutique, independent along with associated service companies White Label insurance solutions outside the life insurance sector offer. Of the affiliates also insurance-specific audit tasks, controlling and marketing are offered as services. The group focuses its activities primarily on profitable niches within the European insurance market. The main categories of insurance are offered in the areas of automobile liability, legal protection, household and warranty. The main markets are currently the UK and France. of the transaction:

Issuer: Enterprise Holdings Limited
Coupon: 7.00%
Subscription period: 17.09.-24.09.2012
Duration: 26.09.2012 - 25.09.2017
Interest Dates: 26.09.
Rating: A-(by Creditreform Rating)
WKN / ISIN: A1G9AQ / DE000A1G9AQ4

 

[gionmorg]

Oil company Repsol issued EUR benchmark bond with a maturity of 5 1/2 years
Guidance: mid swap +350 bp
Repsol emits EUR benchmark bond with a maturity of 5 ½ years. Expected is a spread of 350 basis points over mid swap. The transaction is accompanied by Barclays Capital, BNP Paribas, German Bank, HSBC, Morgan Stanley and UBS. Repsol is one of the 10 largest oil companies in the world. of the transaction:

Issuer: Repsol International Finance BV
Guarantor: Repsol YPF SA
Ratings: Baa3 (neg) BBB-(stab) BBB-(neg)
Volume: n.bek. (Benchmark)
Duration: Feb. 2019 to
Settlement: Sept. 2012
Coupon: n.bek.
Guidance: mid swap +350 bp
Listing: Luxembourg
Denominations: EUR 100,000
Bookrunner: Barclays Capital, BNP Paribas, German Bank, HSBC, Morgan Stanley and UBS Timing books open to current mid swap rates on the following Website accessed

 

[gionmorg]

KTG AG energy emitted SME bond in the Entry Standard
Term 6 years, coupon 7.25%
KTG AG is reportedly emit energy for a medium-sized bond in the Entry Standard for bonds. At a term of 6 years, the amount of the 7.25% coupon. The subscription period is from 19.09.-27.09. run. KTG Energy Ltd operates its own biogas plants with a capacity of 30 MW and generated 2011 sales of EUR 21.5 million. The consolidated net profit was EUR 0.8 million

 

[Camajan]

Continental subsidiary Continental Rubber of America issued high yield bonds with a maturity of 7 years
Guidance: Coupon 4.500% -4.750%, volume of USD 750 million
Continental Rubber of America, Corp.., Delaware emits a high-yield bond with a maturity of 7 years and a volume of $ 750 million. Expected a coupon of 4.500% -4.750%. The transaction is accompanied by Bank of America ML, Credit Agricole CIB, German Bank, HSBC, JPMorgan and RBS.

of the transaction:

Issuer: Continental Rubber of America, Corp., Delaware.
Guarantor: Continental AG
Format: Senior secured
Rating: Ba3, BB Volume: 750 million USD
Coupon: 4.500% -4.750% (expected)
running time: 7 years
Bookrunner: Bank of America ML, Credit Agricole CIB, German Bank, HSBC, JPMorgan and RBS

Pregiatissimo quando è possibile, si riesce a sapere il taglio minimo di questo bond ? gracias

 

[gionmorg]

FT Report week 37