CGG S.A. announces a consent solicitation in respect of its Senior Notes and Term Loan B Paris, France – February 6, 2017 CGG S.A. (“CGG”) today announces that it is soliciting consents (the “Solicitation”) to permit the appointment of a ‘mandataire ad hoc‘ (a French facilitator for creditor negotiations) from (i) the holders of each…
Can Blockchain and Distributed Ledger technology Lead Reference Data professionals to the Holy Grail? Financial industry professionals having specific roles focused on administering reference data are typically found in a cubicle staring at a computer and managing the logistics involved with parsing, curating and tagging the various codes and acronyms associated with each financial instrument that is passing…
27 July 2016 Baku, Fineko/abc.az. The Ministry of Finance of Azerbaijan, pursuing the policy of free pricing, has successfully defeated an attempt to inflate the rates on state short-term bonds (T-bills) up to 20%. The Baku Stock Exchange announced that the Finance Ministry sold manat-denominated T-bills with ISIN-code AZ0102005516. They were offered in the volume…
DEERFIELD, Ill., Nov. 25, 2015 (GLOBE NEWSWIRE) — MondelÄz International, Inc. (formerly known as Kraft Foods Inc.) (NASDAQ:MDLZ) announces today pricing and the results for its previously announced tender offer (the âOfferâ) for its outstanding ÂŁ350,000,000 7.25 per cent. Notes due July 2018 (ISIN: XS0377058614) (the “Notes”). The Offer was made on the terms and…
ISIN.net update: In effort into optimize its capital structure and reduce interest costs, fleet shipping concern Hapag-Lloyd announced the call (repayment) of US$ 125 million in principal amount of its US dollar denominated bond due 2017 (Reg. S bonds: ISIN USD33048AA36 / Rule 144A bonds: ISIN US41135QAA22) for partial redemption approximately two years prior to…
Bayport Management Ltd (“Bayport” or “the Company”) wishes to announce that the prospectus for the Company’s maximum SEKÂ 1.5 billion bond, being the Company’s fifth bond issue on the Swedish market, has been approved and registered by the Swedish Financial Supervisory Authority on 20Â November 2015 and that the Company has applied to have the bond admitted…
ISIN.net update: India’s ICICI Bank has notified the India Stock Exchange of its plan to redeem outstanding bonds issued by the bank ICICI Bank Limited has informed the Exchange that the Bank has fixed Record date for following ISINs:1. ISIN : INE005A11077, Record Date : September 05, 2015, Purpose : Redemption of bonds in the…
ISIN Update: European Corporate Bonds Under Spotlight What can be achieved in European Union (EU) politics in less than four years? The European Commission certainly has ambitious plans. In February 2015 the Commission published a Green Paper on building a Capital Markets Union (CMU) in Europe, with the aim of making it functional by 2019. The goal…
ISIN.net updates that Royal Dutch Shell plc (NYSE: RDS.A)(NYSE: RDS.B) announces that it has today issued 23,430,143 A ordinary shares of âŹ0.07 each in relation to the scrip dividend programme for the first quarter 2015 interim dividend. In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the “Code”), Royal Dutch Shell…
ISIN.net update profiling Kommunekredit is courtesy of June 18 (Reuters) -Following are terms and conditions of a bond increased on Thursday. June 18 (Reuters) -Following are terms and conditions of a dual tranche deal priced on Thursday. Borrower Kommunekreditd Tranche 1 Issue Amount 75 million euro Maturity Date June 25, 2040 Coupon 1.645 pct Issue price Par…
ISIN.net update courtesy of Alt Credit Intelligence The German regulator has âopened the floodgatesâ for German debt funds after a major relaxation of its credit licensing laws. Bafin guidance, published this week, allows for German funds to originate loans and restructure existing loans without obtaining a credit licence. Previously any loan restructure required a credit licence…
ISIN.net news update courtesy of Reuters.  German TV and Internet service provider, Unitymedia Hessen (ISIN Code: XS0250110664), has received a 500 million euro bond. Following are terms and conditions of a bond priced on Wednesday. Borrower Unitymedia Hessen GMBH & CO. KG (Unitymedia Hessen) Issue Amount 500 million euro Maturity Date January 15,2027 Coupon 3.500 pct Issue price…
ISIN.net update courtesy of 24 Feb reporting from Bloomberg LP Bloomberg — Argentina lost a ruling at Germanyâs top civil court over payments on bonds it sold to investors in the European country in the late 1990s that donât have collective bargaining clauses. The Federal Court of Justice rejected Argentinaâs argument that international law allows…
ISIN.net update courtesy of corporate news release by Riga-based SIA ExpressCredit, Companies that wish to provide public notice of updates, changes or additions to securities using International Securities Identification Number (ISIN) issued by the company may do so courtesy of ISIN.net corporate services Riga, 2014-11-24 09:05 CET — According to SIA ExpressCredit bond issue prospectus ISIN LV0000801280, as…
Vietnam New Bonds Offering he Government of the Socialist Republic of Vietnam (“Vietnam“) announced today the commencement of a global offering (the “New Bond Offering”) of a series of global bonds due 2024 to be denominated in U.S. dollars (the “New Bonds“). Proceeds of the issuance will be used for Vietnam’s general funding purposes, including…
Baku, Fineko/abc.az. State short-term bonds (T-bills) of the Azerbaijanâs Ministry of Finance have been placed for the first time since 4 July. The Baku Stock Exchange informs that on 3 October the total volume of orders from investors amounted to AZN 2,002,800 that was equivalent to only 33.38% of the issuerâs supply (AZN 6 million)….
New Issue- Helvetia prices dual tranche deal Thu, Oct 2 2014 (Reuters) -Following are terms and conditions of a bond priced on Thursday. Borrower Helvetia Schweizerische Versicherungsgesellschaft AG Guarantor Helvetia Holding AG * * * * Tranche 1 Issue Amount 200 million swiss francs Maturity Date October 17, 2044 Coupon 4.0 pct Yield 4.0 pct…
Oct 3 (Reuters) -Following are terms and conditions of a dual tranche deal increased on Friday, including ISIN codes regarding Borrower Landshypotek Bank AB * * * * Tranche 1 Issue Amount 100 million Swedish crown Maturity Date August 29, 2019 Coupon 3-month Stibor + 27bp Payment Date October 9, 2014 Notes The issue size…
New Issue Notes New Issue-Sanofi prices multi tranche deal Borrower Sanofi * * * * Tranche 1 Issue Amount 750 million euro Maturity Date September 10, 2018 Coupon 3-month Euribor +23bp Reoffer price Par ISIN FR0012146751 * * * * Tranche 2 Issue Amount 1.0 billion euro Maturity Date March 10, 2022 Coupon 1.125…
New Bond Issue UBS New Issue- UBS AG PRICES DUAL TRANCHE DEAL Borrower UBS AG (London Branch) * * * * Tranche 1 Issue Amount 1.5 billion euro Maturity Date September 5, 2016 Coupon 3 month Euribor + 25bp Reoffer price par ISIN XS1105680703 * * * * Tranche 2 Issue Amount 1.5 billion euro…
Benjamin Purvis, in his recent article published at bloomberg.com on June 18 2014, informs about the increasing issuance of securities across the globe, specifically corporate bonds. He hints the trends of corporate funding for the next 5 years and explains how companies from big markets like Asia, Europe, and the Americas have started issuing various…
New Issue Euro Bonds New Issue-RBC prices 1.0 bln euro 2019 bond Following are terms and conditions of a bond priced on Thursday. Borrower Royal Bank of Canada (RBC) Guarantor RBC Covered Bond Guarantor LP Issue Amount 1.0 billion euro Maturity Date June 19, 2019 Reoffer price 99.878 Spread 7 basis points Underlying govt bond…
Swedish 5 Year Bond Strategy Sweden: New Five-Year Benchmark Bond Stadshypotek is introducing a new five-year bond this week. The bond, the SHYP1582, will become the new five-year benchmark bond and will most likely be deliverable in the December 2014 bond future contract. The bond matures on 18 September 2019 with full first coupon. The…
ISIN for Bonds Issued Dazu schreibt anleihencheck.de weiter: Westerburg (www.anleihencheck.de) – Die Landesbank Baden-WĂŒrttemberg bietet eine Easy-Aktienanleihe (ISIN DE000LB0XNX0/ WKN LB0XNX) auf die Aktie der Deutschen Post (ISIN DE0005552004/ WKN 555200) zur Zeichnung an. Die Anleihe kann noch bis zum 26. Juni 2014 gezeichnet werden. Der Emissionskurs betrĂ€gt 100,00%. weiterlesen … anleihencheck.de schreibt weiter: Westerburg…
Calumet Announces Reg S 144A Offering Calumet Specialty Products Partners, L.P. Announces Pricing of $275 Million Private Placement of 9 5/8% Senior Notes due 2020 INDIANAPOLIS, June 21, 2012 /PRNewswire via COMTEX/ — Calumet Specialty Products Partners, L.P. CLMT -0.94% (“Calumet”) and its wholly owned subsidiary Calumet Finance Corp. announced today the pricing of their…
Companies Sell $2.5B in Bond Offerings Bond Issuance Continues As Six Companies Sell $2.5 Billion Companies are continuing to bring new debt deals to the market before Greece holds parliamentary elections on June 17, an event that has the potential to hurt risk sentiment and dry up bond issuance. Six high-grade companies are issuing more…
McDonaldâs $750 Million Bond Offering McDonaldâs Plans $750 Million Bond Issue After Record-Low Coupon McDonaldâs Corp. (MCD) plans to sell $750 million of bonds almost four months after the worldâs largest restaurant chain claimed the lowest yield on 30-year debt, according to a person familiar with the offering. Proceeds from the two-part sale of three-…
Paladin to raise $225m in bond issue PERTH, Australia. Uranium miner Paladin Energy on Monday launched an offering to raise $225-million of senior, unsecured convertible bonds, due in 2017. The miner has an option to increase the offering to $275-million. The convertible bonds would be offered to institutional, professional and sophisticated investors only, and would…
Morgan Stanley Bond Trading Strong Morgan Stanley bond trading unexpectedly strong Morgan Stanley won market share in bond trading in the first quarter after years of investments in the business, allowing the Wall Street bank to post results that beat many analysts expectations. The investment bank and brokerage said its bond trading revenue rose compared…
Issuing Debt Boosts EU Debt issuance boost for European economy Europeâs development banks and public sector groups responsible for offering loans to small businesses and local authorities have enjoyed record debt issuance this year in a boost to the regionâs struggling economy. Debt sales of these groups have soared to $360bn so far this year,…
Global Bond Offerings Reach Trillion Dollar Record Global Bond Offerings Set $1.16 Trillion Record in Quarter Bond sales globally have exceeded a record $1.16 trillion in the first three months of 2012 as moves by global central banks along with reduced risk from Europeâs sovereign debt crisis drive credit-market optimism. Offerings by companies from Europe…
KEMET to Issue $110mm 144A Notes KEMET Corporation Announces Pricing of $110,000,000 of 10-1/2% Senior Notes Due 2018 KEMET Corporation KEM +0.39% (“KEMET”) today announced that it has priced an offering of $110,000,000 of aggregate principal amount of 10-1/2% senior notes due 2018 (the “Senior Notes”) to qualified institutional buyers within the United States pursuant…
Corporate Bond Sales on Rise Corporate Bond Sales Surge Prompts SocGen to Lift Issue Forecast Europeâs busiest day for corporate bond sales in two years prompted Societe Generale SA (GLE) credit analysts to increase their 2012 issuance forecast by about 40 percent to âcloser toâ 100 billion euros ($132 billion). Bond offerings reached 47.5 billion…
Bond Investors Bond Investors Seek to Avoid 1994 âBloodbath’ Bond investors are planning to hedge against a sudden rise in interest rates that would trigger a selloff parallel to 1994, said a New York-based credit strategist at Morgan Stanley. (MS) Treasuries returned 9.8 percent in 2011, and 10-year debt gained 17 percent, Bank of America…
Bond Market Sees Stronger Economy Bond market sees a stronger economy WASHINGTONâThe bond market is betting on a stronger economy. Prices for U.S. Treasury debt plunged for the fifth straight trading session Wednesday, and the yield on the benchmark 10-year note spiked to its highest level since October. Money poured out of bonds and into…
Hertz Proposes $250mm 144A Hertz Global Holdings Announces Proposed $250 Million Private Offering of Senior Notes by The Hertz Corporation PARK RIDGE, N.J., Feb. 28, 2012 — /PRNewswire/ —Â Hertz Global Holdings, Inc. (NYSE: HTZ) (the “Company”) announced today that its wholly-owned subsidiary, The Hertz Corporation (“Hertz”), intends to offer $250 million aggregate principal amount of…
Australia Bonds higher on LTRO sentiment Bonds higher on LTRO sentiment The Australian bond market has opened higher, driven by sentiment around a key liquidity operation in Europe. Westpac senior market strategist Damien McColough said that Australian bond prices had performed disappointingly overnight compared to other bond markets, and there likely would not be much…
Demand Propels Corporate Bond Issuance Demand Propels Corporate Bond Issuance To Continue Wednesday NEW YORK â Â The new-issuance market for high-grade corporate bonds is seeing a decent follow up Wednesday after $9.35 billion was priced in a robust start to the shortened week Tuesday. Five issuers are shopping for buyers, led by a benchmark-size, three-year…
Claire’s Stores Offers $400mm 144A Reg S Notes Claire’s Stores, Inc. Announces Sale of $400 Million of 9.00% Senior Secured First Lien Notes Due 2019 CHICAGO, Claire’s Stores, Inc. (the “Company”) today announced the sale of $400 million aggregate principal amount of 9.00% senior secured first lien notes due 2019 (the “Notes”). The Notes were…
144A and Reg S in Latvia Above $5B Latvia order book above USD5bn Demand for Latvia’s five-year 144a/ Reg S bonds has reached more than USD5bn, according to a market source. The size of the bond is expected to be USD1bn. Pricing guidance has been revised from 5.625% area to 5.375%-5.50%. Latvia is rated Baa3/BB+/BBB-….
MGM Proposed Private Placement Offering MGM Resorts International Announces Proposed Private Offering by CityCenter Holdings LAS VEGAS, Feb. 13, 2012 MGM Resorts International MGM -0.27% today announced that CityCenter Holdings, LLC, a joint venture which is 50% owned by a wholly owned subsidiary of the Company and 50% owned by Infinity World Development Corp. (a…
Caesars Doubles After Slashing IPO Caesars Doubles in Debut After Slashing IPO From 2010 Effort Feb. 8 (Bloomberg) — Caesars Entertainment Corp., the U.S. casino chain with more than $22 billion in debt, almost doubled in its trading debut after selling stock in an initial public offering a fraction of the size of its failed…
144A New Corporate Bonds Forward Calendar – U.S. corporate bond new issues Feb 6 (Reuters) – The following are lists of upcoming high-grade and high-yield corporate bond offerings in the United States. The information was gathered from Thomson Reuters U.S. new issues team, and other market sources: *Denotes 144a private placement debt offering. HIGH-GRADE BOND…
Forward Calendar – U.S. corporate bond new issues Feb 13Â The following are lists of upcoming high-grade and high-yield corporate bond offerings in the United States. The information was gathered from Thomson Reuters U.S. new issues team, and other market sources: *Denotes 144a private placement debt offering. HIGH-GRADE BOND SALES EXPECTED FOR WEEK…
Italy Sells 7.5 Billion Euros of Bonds Italy Sells 7.5 Billion Euros of Bonds to Cover Yearâs Biggest Redemption Italy sold 7.5 billion euros ($9.8 billion) of debt, near the maximum for the auction, with the Treasuryâs borrowing costs falling as it prepares for its biggest redemption of the year. The Rome-based Treasury sold 2…
Berkshire Plans $1.7 Billion Bond Offering Berkshire Plans $1.7 Billion Bond Offering to Refinance Debt Jan. 24 (Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. plans to issue $1.7 billion of bonds to refinance debt sold to help pay for its acquisition of Burlington Northern Santa Fe. Berkshire, which bought the railroad for $26.5 billion in…
Clearwire to Offer 144A Secured Notes Clearwire Communications LLC to Offer Senior Secured Notes BELLEVUE, Washington (GlobeNewswire via COMTEX) — Clearwire Corporation CLWR +3.70% today announced that its operating subsidiary, Clearwire Communications LLC (“Clearwire Communications”), intends to offer $300 million aggregate principal amount of first-priority senior secured notes (the “Notes”). The Notes will be senior…
NACF Global Medium Term Note Programme National Agricultural Cooperative Federation Announces Consent Solicitation for the Holders of Certain Notes Issued Under Its U.S.$8,000,000,000 Global Medium Term Note Programme SEOUL, KOREA– National Agricultural Cooperative Federation (“NACF” or the “Company”) today announced that it has commenced a solicitation of consents (the “Consent Solicitation”) from holders of the…
Treasury to sell $155 billion, new CUSIP WASHINGTONâThe Treasury will sell $155 billion next week in bills and notes. Details of the offerings (all with minimum denominations of $100): Monday: In the usual weekly sale, $29 billion in three-month bills and $27 billion in six-month bills will be sold. The bills will be dated Jan….
Swedish Corporate Debt Surge Corporate Debt to Surge in Sweden as Bank Credit Dries Up Jan. 20 (Bloomberg) — Swedenâs corporate bond market is poised for a surge this year as companies abandon an âextremeâ reliance on bank loans amid stricter capital rules, said Mats Carlsson, who heads the investment bank Pareto Ohman AB. âThe…
UBS Issuing 3-Year 144A Bond UBS Issuing Benchmark 3-Year USD Covered Bond Deal Thursday -Source NEW YORK â Â UBS AG (UBS) plans to issue a benchmark-size, three-year sale of covered bonds to the U.S. credit markets Thursday, according to a term sheet obtained by Dow JonesNewswires. The bonds, which are guaranteed or “covered” 100% by…
RoI Issues Reg S-144A Bond RoI pays tiny new issue premium for new 30-year bonds The Republic of Indonesia (RoI) tapped the international bond market for the first time after regaining its investment grade rating in December 2011, as it priced on January 9 a 30-year bond offering amounting to USD1.75 billion. The Reg S…
Euro Declines as S&P Cuts Ratings Euro Declines For Second Day as S&P Cuts Ratings, Greek Debt Talks Resume The euro weakened for a second day, falling to an 11-year low against the yen after Standard & Poorâs stripped the nation of its top credit rating and cut eight other euro-region countries. Japanâs currency gained…
GFI Closes Exchange Offer Senior Notes GFI Group Inc. Closes Exchange Offer of 8.375% Senior Notes Due 2018 GFI Group Inc. (NYSE: GFIG) (the “Company”) announced today that on December 21, 2011 it closed its offer to exchange (the “Exchange Offer”) up to $250 million in aggregate principal amount of its 8.375% Senior Notes due…
Aircastle Announces 144A Offering $150m Aircastle Announces Proposed Private Placement of $150 Million Aggregate Principal Amount of Senior Notes Due 2018 STAMFORD, Conn., Dec. 9, 2011 — STAMFORD, Conn., Dec. 9, 2011 — Aircastle Limited (NYSE: AYR) (“Aircastle”) announced today that it plans to offer an additional $150 million aggregate principal amount of its Senior…
Treasuries gained, pushing 10-year note yields to the lowest level this month, after European Central Bank President Mario Draghi damped speculation that more bond purchases are imminent. Thirty-year bond yields dropped for a second day after a report that Europeâs banks will need to raise $153 billion in fresh capital. U.S. debt securities fell earlier…
Cronos to Issue $200 Million 144A Notes Cronos Announces the Issuance of $200 Million of “A” Rated Series 2011-1 Asset Backed Notes HAMILTON, Bermuda, Dec 07, 2011 (BUSINESS WIRE) — Cronos Holding Company Limited (“Cronos”) announced today that its indirect wholly owned subsidiary, Cronos Containers Program I Ltd. (“CP1”), successfully completed an offering of $200…