Nuove_emissioni, collocamenti Nuove Emissioni
- Creatore Discussione Giontra
- Data di Inizio
Non registrato
Guest
Non registrato
Guest
le obbligazioni NON sono acquistabili da clienti al dettaglio. non sono quotatate sul euro Mot/tlx
European IG and HY New Issue Radar
EUROPEAN IG AND HY NEW ISSUE RADAR
European IG Credit Pipeline
~EU19b IG issuance priced in Europe last week when Sanofi issued EU3b across three tranches; Lloyds Bank led sales on Friday with a EU1b 5Y FRN issue.
• CAFFIL (Aaa/AA/AA+) euro benchmark 5Y covered bond via BNP, Credit Agricole, DB, SocGen; expected this week.
• BSkyB (Baa1/BBB+/BBB+) considers 2-tranche $, euro benchmark bonds following end of roadshow; Euro bond may price as early as today. Co. may sell bonds to refinance loans raised in connection with acquisition of Sky Italia and majority stake in Sky Deutschland.
• Man Group may sell $150m 10NC5 tier 2 notes this week via BofAML, GS, SG; Europe roadshow finished.
• Abbey National Treasury Services (A2/A/A) to sell euro covered bonds via Commerzbank, Natixis, Santander, UniCredit; Europe roadshow today and tomorrow.
• Atradius (A3/--/--) to sell euro subordinated bonds via ING, JPM; Europe roadshow commences today.
• Aurizon Network (Baa1/BBB+/--) to hold European investor meetings from today.
• Suominen Corp (NR) to sell euro bonds via Nordea, Pohjola; roadshow from Sept. 9.
• Japan Finance Organization for Municipalities (Aa3/AA-/--) plans euro or $ bond issue via Barclays, BNP, BofAML, Nomura; roadshow ended.
• A2D Funding hired Canaccord Genuity, Lloyds for GBP retail bond; investor meetings ended.
• Origin Energy hired Barclays, GS, UBS for possible hybrid issue; roadshow ended.
• Priceline Group to sell euro bonds via DB, RBS; Europe roadshow Sept. 9-12.
• Transurban (snr debt rated Baa1/A-/A-) euro bond via Credit Agricole, GS, MS, RBS; investor meetings commenced.
• Coca-Cola (Aa3/AA/A+) to sell euro-denominated bonds via BNP, Citi, CS, DB; roadshow Sept. 9-12.
• HSBC planning self-led AT1 issuance with 7% CET1 trigger after global roadshow.
• Belfius Bank to sell Belgian covered bond via Barclays, Belfius, Commerzbank, LBBW and Natixis; Europe roadshow Sept. 15-30.
• Cross Keys Homes (rated AA- S&P) names banks for possible GBP transaction.
• Sampo (Baa2/--/--) to sell euro bonds after roadshow via Citi, DB, Nordea.
• Lagardere (not rated) names banks for possible EU bond sale.
• U.K. DMO expects to issue syndicated gilt with maturity in excess of 35 years during second half of October.
• Lassila & Tikanoja considering sale of senior unsecured bonds via Danske Bank.
• AFD (--/AA/AA+) hires BofAML (structuring advisor), BNP, Credit Agricole, HSBC for Europe investor meetings; euro-denominated inaugural climate bond transaction may follow.
• Nykredit (Baa2/A+/A) plans next CoCo sale in 6-9 months; as much as EU2b.
• AbbVie (Baa1/A/--) gets GBP13.5b one-year bridge loan for Shire acquisition; via JPMorgan (bookrunner), BofAML (syndication agent), Barclays, BNP, HSBC, SocGen (documentation agents). Facility may be reduced or replaced by sale of up to $15.5b of senior secured notes.
• Gemalto may sell bonds to refinance credit facilities as part of financing for $890m acquisition of SafeNet; says depends on market conditions.
• TDC (Baa2/BBB/BBB) planning debt sale to refinance two euro-denominated bonds maturing 2015.
Possible deals
• Finnlines may diversify funding sources from bank loans to bonds, CFO says.
• Imperial Tobacco (Baa3/BBB/BBB) obtains loans, including one-year bridge facilities, in connection with proposed acquisition of U.S. assets.
European HY Credit Pipeline
• Deutsche Lufthansa priced EU500m 5Y bonds Friday; EU4.5b HY issuance last week.
• Travis Perkins (--/BB+/--) may sell GBP benchmark 7Y bonds via Barclays, Lloyds, RBS; roadshow finished, deal could launch today.
• AIB (Ba3/BB/BBB) CEO says looking at AT1 and Tier 2 debt issuance options; could launch deal as early as this week.
• Greece (Ba3/B-/B) to sell 7Y bonds by year-end, government official says; will also convert existing T-bills in to longer-term borrowing.
• Nyrstar (B3/B-/--) plans EU350m 5NC2 notes via GS, RBS; investor meetings commenced.
• Suzlon Energy’s German unit, Senvion SE, is preparing to sell about EU500m in a bond sale this year via DB, RBC; UOP to fund a takeover of its parent co.’s wind turbine servicing business.
EUROPEAN IG AND HY NEW ISSUE RADAR
European IG Credit Pipeline
~EU19b IG issuance priced in Europe last week when Sanofi issued EU3b across three tranches; Lloyds Bank led sales on Friday with a EU1b 5Y FRN issue.
• CAFFIL (Aaa/AA/AA+) euro benchmark 5Y covered bond via BNP, Credit Agricole, DB, SocGen; expected this week.
• BSkyB (Baa1/BBB+/BBB+) considers 2-tranche $, euro benchmark bonds following end of roadshow; Euro bond may price as early as today. Co. may sell bonds to refinance loans raised in connection with acquisition of Sky Italia and majority stake in Sky Deutschland.
• Man Group may sell $150m 10NC5 tier 2 notes this week via BofAML, GS, SG; Europe roadshow finished.
• Abbey National Treasury Services (A2/A/A) to sell euro covered bonds via Commerzbank, Natixis, Santander, UniCredit; Europe roadshow today and tomorrow.
• Atradius (A3/--/--) to sell euro subordinated bonds via ING, JPM; Europe roadshow commences today.
• Aurizon Network (Baa1/BBB+/--) to hold European investor meetings from today.
• Suominen Corp (NR) to sell euro bonds via Nordea, Pohjola; roadshow from Sept. 9.
• Japan Finance Organization for Municipalities (Aa3/AA-/--) plans euro or $ bond issue via Barclays, BNP, BofAML, Nomura; roadshow ended.
• A2D Funding hired Canaccord Genuity, Lloyds for GBP retail bond; investor meetings ended.
• Origin Energy hired Barclays, GS, UBS for possible hybrid issue; roadshow ended.
• Priceline Group to sell euro bonds via DB, RBS; Europe roadshow Sept. 9-12.
• Transurban (snr debt rated Baa1/A-/A-) euro bond via Credit Agricole, GS, MS, RBS; investor meetings commenced.
• Coca-Cola (Aa3/AA/A+) to sell euro-denominated bonds via BNP, Citi, CS, DB; roadshow Sept. 9-12.
• HSBC planning self-led AT1 issuance with 7% CET1 trigger after global roadshow.
• Belfius Bank to sell Belgian covered bond via Barclays, Belfius, Commerzbank, LBBW and Natixis; Europe roadshow Sept. 15-30.
• Cross Keys Homes (rated AA- S&P) names banks for possible GBP transaction.
• Sampo (Baa2/--/--) to sell euro bonds after roadshow via Citi, DB, Nordea.
• Lagardere (not rated) names banks for possible EU bond sale.
• U.K. DMO expects to issue syndicated gilt with maturity in excess of 35 years during second half of October.
• Lassila & Tikanoja considering sale of senior unsecured bonds via Danske Bank.
• AFD (--/AA/AA+) hires BofAML (structuring advisor), BNP, Credit Agricole, HSBC for Europe investor meetings; euro-denominated inaugural climate bond transaction may follow.
• Nykredit (Baa2/A+/A) plans next CoCo sale in 6-9 months; as much as EU2b.
• AbbVie (Baa1/A/--) gets GBP13.5b one-year bridge loan for Shire acquisition; via JPMorgan (bookrunner), BofAML (syndication agent), Barclays, BNP, HSBC, SocGen (documentation agents). Facility may be reduced or replaced by sale of up to $15.5b of senior secured notes.
• Gemalto may sell bonds to refinance credit facilities as part of financing for $890m acquisition of SafeNet; says depends on market conditions.
• TDC (Baa2/BBB/BBB) planning debt sale to refinance two euro-denominated bonds maturing 2015.
Possible deals
• Finnlines may diversify funding sources from bank loans to bonds, CFO says.
• Imperial Tobacco (Baa3/BBB/BBB) obtains loans, including one-year bridge facilities, in connection with proposed acquisition of U.S. assets.
European HY Credit Pipeline
• Deutsche Lufthansa priced EU500m 5Y bonds Friday; EU4.5b HY issuance last week.
• Travis Perkins (--/BB+/--) may sell GBP benchmark 7Y bonds via Barclays, Lloyds, RBS; roadshow finished, deal could launch today.
• AIB (Ba3/BB/BBB) CEO says looking at AT1 and Tier 2 debt issuance options; could launch deal as early as this week.
• Greece (Ba3/B-/B) to sell 7Y bonds by year-end, government official says; will also convert existing T-bills in to longer-term borrowing.
• Nyrstar (B3/B-/--) plans EU350m 5NC2 notes via GS, RBS; investor meetings commenced.
• Suzlon Energy’s German unit, Senvion SE, is preparing to sell about EU500m in a bond sale this year via DB, RBC; UOP to fund a takeover of its parent co.’s wind turbine servicing business.
Steilmann-Boecker Fashion Point GmbH & Co. 4yr EURO
NEW ISSUE ALERT
DEAL DETAILS
Issuer: Steilmann-Boecker Fashion Point GmbH & Co.
Issuer Rating: BBB (by Creditreform, the biggest German Rating Agency)
ISIN: DE00A12UAE0
Issuance Volume: up to 33mio. EUR
Min. Denomination: EUR 1.000,00
Issue Price: 100.00%
Coupon: 7%, annually
Settlement Date: 23.09.2014 (planned)
Sole Bookrunner: Close Brothers Seydler Bank AG
Financial Advisor: KIMED Investments & Management AG
Listing (planned) Frankfurt Stock Exchange – Open Market
Ranking: Unsubordinated, Pari Passu
Use of Proceeds: Financing of acquisitions
Collateralization: Pledge of 87.5% of shares in STB Fashion Holding GmbH to a trustee. STB Fashion Holding GmbH holds 56.07% in S&E Kapital Gmbh which directly holds 52.81% in Adler Modemärkte AG (DE000A1H8MU)
PRICE GUIDANCE
7%
Books are expected to close on Thursday or Friday
ISSUER DESCRIPTION
Steilmann-Boecker Fashion Point GmbH & Co. is a German company in the clothing industry. The company currently operates 11 clothing stores, mainly in Northern Germany. In mid-2013 they acquired a majority stake of Adler Modemärkte AG. In 2013, Steilmann-Boecker Fashion Point GmbH & Co. with 4624 employees achieved sales of approx. EUR 440 mio. and a net profit of approx. 14 mio.
NEW ISSUE ALERT
DEAL DETAILS
Issuer: Steilmann-Boecker Fashion Point GmbH & Co.
Issuer Rating: BBB (by Creditreform, the biggest German Rating Agency)
ISIN: DE00A12UAE0
Issuance Volume: up to 33mio. EUR
Min. Denomination: EUR 1.000,00
Issue Price: 100.00%
Coupon: 7%, annually
Settlement Date: 23.09.2014 (planned)
Sole Bookrunner: Close Brothers Seydler Bank AG
Financial Advisor: KIMED Investments & Management AG
Listing (planned) Frankfurt Stock Exchange – Open Market
Ranking: Unsubordinated, Pari Passu
Use of Proceeds: Financing of acquisitions
Collateralization: Pledge of 87.5% of shares in STB Fashion Holding GmbH to a trustee. STB Fashion Holding GmbH holds 56.07% in S&E Kapital Gmbh which directly holds 52.81% in Adler Modemärkte AG (DE000A1H8MU)
PRICE GUIDANCE
7%
Books are expected to close on Thursday or Friday
ISSUER DESCRIPTION
Steilmann-Boecker Fashion Point GmbH & Co. is a German company in the clothing industry. The company currently operates 11 clothing stores, mainly in Northern Germany. In mid-2013 they acquired a majority stake of Adler Modemärkte AG. In 2013, Steilmann-Boecker Fashion Point GmbH & Co. with 4624 employees achieved sales of approx. EUR 440 mio. and a net profit of approx. 14 mio.
Ultima modifica:
Non registrato
Guest
Non registrato
Guest
Similar threads
