Jumat, 27 Oktober 2017

UPDATE 1-Ghana's ESLA to pay 19.0 pct yield on 7-yr tranche of energy bond

ACCRA, Oct 27 (Reuters) - Ghana's ESLA will pay a yield of 19.0 percent on an oversubscribed 2.4 billion cedi ($548 mln) seven-year tranche of a government-backed energy bond issued on Friday to repay debts owed by power utilities, arrangers said.

from Reuters: New Issues News http://ift.tt/2hfC4rN

UPDATE 1-TMF Group ditches London IPO for $2 bln CVC Capital offer

Oct 27 (Reuters) - Doughty Hanson's business services firm TMF Group said it will be sold to private equity firm CVC Capital Partners for 1.75 billion euros ($2 bln), ending its plans to list on the London Stock Exchange.

from Reuters: New Issues News http://ift.tt/2llfZNb

TMF Group ditches London IPO after CVC Capital 1.75 bln euro offer

Oct 27 (Reuters) - Business services firm TMF Group said it would be bought by private equity firm CVC Capital Partners for 1.75 billion euros ($2.03 billion), ending its plans to list on the London Stock Exchange.

from Reuters: New Issues News http://ift.tt/2heTYuW

Kamis, 26 Oktober 2017

India's HDFC Life sets price range for up to $1.34 bln IPO

MUMBAI, Oct 26 (Reuters) - HDFC Standard Life Insurance Co. Ltd's initial public offering could raise as much as 86.95 billion rupees ($1.34 billion) after the Indian insurer set a 275-290 rupees per share price range for the IPO on Thursday.

from Reuters: New Issues News http://ift.tt/2xq9hqB

Rabu, 25 Oktober 2017

UPDATE 2-Refresco's 1.6 billion euro takeover to end short-lived listing

* Refresco agrees to 1.6 billion euro offer from PAI Partners

from Reuters: New Issues News http://ift.tt/2zBM8Cg

China cancer specialist Chi-Med plans $262 mln share offering

LONDON, Oct 25 (Reuters) - China-based cancer and immunology drug specialist Hutchison China MediTech, or Chi-Med, said it aimed to offer $262 million of American Depositary Shares, subject to market conditions, to help fund development of its pipeline.

from Reuters: New Issues News http://ift.tt/2y53TZp

Selasa, 24 Oktober 2017

BRIEF-Aker BP in $2 billion deal to buy Norway unit of Hess

* Aker bp acquires Hess Norge for a cash consideration of USD 2.0 billion

from Reuters: New Issues News http://ift.tt/2gxQ9QN

Senin, 23 Oktober 2017

UPDATE 1-Ghana to open bids for energy bonds worth 6 bln cedis ($1.36 bln)

ACCRA, Oct 23 (Reuters) - Ghana will start receiving bids on Tuesday for domestic bonds worth 6 billion cedis ($1.36 billion) to settle energy sector debts that have accumulated over the past decade, lead arrangers said on Monday. The 7-year and 10-year bonds to be priced on Thursday form part of the government's plans to raise a total of 10 billion cedis to settle debts owed by state power utilities to banks and bulk oil distributors.

from Reuters: New Issues News http://ift.tt/2yJ49kv

Russia's En+ to issue new shares for Glencore after IPO: prospectus

MOSCOW, Oct 23 (Reuters) - Russia's En+ Group, which manages tycoon Oleg Deripaska's aluminium and hydropower businesses, plans to issue new shares to Glencore after it completes its planned initial public offering, the IPO prospectus shows.

from Reuters: New Issues News http://ift.tt/2zw3Tmk

UPDATE 1-Saudi Aramco CEO says listing on track for 2018 - CNBC

DUBAI, Oct 23 (Reuters) - Saudi Aramco's initial public offering will take place in 2018 as planned and the listing venue will be revealed in due course, the company's chief executive said in a CNBC interview broadcast on Monday.

from Reuters: New Issues News http://ift.tt/2gZp9dw

UPDATE 2-Russia's En+ sets price range for flotation set to raise $1.5 bln

* En+ sees its market cap at up to $8.5 bln on pre-money basis

from Reuters: New Issues News http://ift.tt/2y0F59M

UPDATE 2-British masts group Arqiva broadcasts $2 bln IPO plan

* Owners pursue listing after private sale failed (Adds valuation detail)

from Reuters: New Issues News http://ift.tt/2gAR0Un

UPDATE 1-British masts group Arqiva broadcasts $2 bln IPO plan

LONDON, Oct 23 (Reuters) - British broadcast and mobile masts company Arqiva plans to raise around 1.5 billion pounds ($2 billion) in the biggest initial public offering (IPO) in London so far in 2017.

from Reuters: New Issues News http://ift.tt/2gCmeuy

UPDATE 1-Russia's En+ sets IPO price range at $14-17 per GDR

MOSCOW, Oct 23 (Reuters) - Russia's En+ Group, which manages Russian tycoon Oleg Deripaska's aluminium and hydropower businesses, has set a price range for its initial public share offering (IPO) in London and Moscow, it said on Monday.

from Reuters: New Issues News http://ift.tt/2xYHuNF

Russia's En+ sets IPO price range at $14-17 per GDR

MOSCOW, Oct 23 (Reuters) - Russia's En+ Group, which manages Russian tycoon Oleg Deripaska's aluminium and hydropower businesses, has set a price range for its initial public share offering (IPO) in both London and Moscow, it said on Monday.

from Reuters: New Issues News http://ift.tt/2gCz4bT

Jumat, 20 Oktober 2017

British debt collector Cabot launches 1 bln stg London IPO

LONDON, Oct 20 (Reuters) - Cabot Credit Management , Britain's biggest debt collector said on Friday it would list on the London Stock Exchange, targeting a 1 billion-pound ($1.32 billion) market capitalisation, a source familiar with the matter told Reuters.

from Reuters: New Issues News http://ift.tt/2gwyRH8

BRIEF-Russia's En+ to pay out $125 mln in interim dividends in Dec

* Says board approves interim dividends of $125 million to be paid in December 2017;

from Reuters: New Issues News http://ift.tt/2inVezd

Kamis, 19 Oktober 2017

Strong private equity interest in German Alloheim sale -sources

FRANKFURT, Oct 19 (Reuters) - Several buyout groups remain in the running for Alloheim, one of Germany's top three nursing home operators, as its owner seeks to benefit from high valuations for healthcare assets, sources close to the matter said.

from Reuters: New Issues News http://ift.tt/2xPSA7o

BRIEF-Intesa Sanpaolo CEO says Glencore, QIA loan for Rosneft stake not reimbursed yet

* The 5.2 billion euro loan to Glencore and Qatar Investment Authority to help buy a 19.5 percent stake in Rosneft has not been reimbursed yet

from Reuters: New Issues News http://ift.tt/2zlXNFo

Rabu, 18 Oktober 2017

UPDATE 1-Glencore to swap Rusal stake for shares in Russia's En+

MOSCOW, Oct 18 (Reuters) - Glencore will swap its 8.75 percent stake in Russian aluminium giant Rusal for shares in En+ Group, an aluminium and hydropower group controlled by tycoon Oleg Deripaska, En+ said on Wednesday.

from Reuters: New Issues News http://ift.tt/2zytFHy

Glencore to swap Rusal stake for shares in Russia's En+

MOSCOW, Oct 18 (Reuters) - Glencore will convert its 8.75 percent stake in Russian aluminium giant Rusal to shares in En+ Group, an aluminium and hydropower group controlled by tycoon Oleg Deripaska, En+ said on Wednesday.

from Reuters: New Issues News http://ift.tt/2zyvsfS

UK's RWS Holdings agrees $320 mln deal to buy Czech firm Moravia

PRAGUE, Oct 18 (Reuters) - British translation and intellectual property services company RWS Holdings will buy Czech translation service provider Moravia for $320 million, the companies said on Wednesday.

from Reuters: New Issues News http://ift.tt/2yuWBjx

RPT-UPDATE 1-Nature publisher prepares 2018 stock market listing -sources

FRANKFURT, Oct 18 (Reuters) - SpringerNature, the publisher of science magazines Nature and Scientific American, is preparing a 2018 stock market listing valuing the company at up to 4 billion euros ($4.7 billion), people close to the matter said.

from Reuters: New Issues News http://ift.tt/2yvErhu

Selasa, 17 Oktober 2017

UPDATE 1-Nature publisher prepares 2018 stock market listing -sources

FRANKFURT, Oct 17 (Reuters) - SpringerNature, the publisher of science magazines Nature and Scientific American, is preparing a 2018 stock market listing valuing the company at up to 4 billion euros ($4.7 billion), people close to the matter said.

from Reuters: New Issues News http://ift.tt/2gofqjS

Jumat, 13 Oktober 2017

London court adjourns Dana Gas sukuk trial

DUBAI, Oct 13 (Reuters) - A London High Court judge has adjourned hearings on whether the United Arab Emirates' Dana Gas must redeem $700 million of Islamic bonds when they mature at the end of this month, sources familiar with the matter said on Friday.

from Reuters: New Issues News http://ift.tt/2zlv97Y

UPDATE 1-British debt collector Cabot to launch 1 bln stg IPO next week - source

LONDON, Oct 13 (Reuters) - Cabot Credit Management, Britain's biggest debt collector, is set to launch a 1 billion pound ($1.3 billion) stock market float next week after a delay last month to revamp its board, a person familiar with the matter said.

from Reuters: New Issues News http://ift.tt/2g6COi1

British debt collector Cabot to launch 1 bln stg IPO next week - source

LONDON, Oct 13 (Reuters) - Britain's biggest debt collector Cabot Credit Management is set to launch a stock market debut next week expected to value it at about 1 billion pounds ($1.3 billion) after a delay last month to revamp its board, a person familiar with the matter said.

from Reuters: New Issues News http://ift.tt/2kJbR9g

Kamis, 12 Oktober 2017

BAWAG PSK books already covered in Austria's biggest IPO

ZURICH/VIENNA, Oct 12 (Reuters) - Books are already covered for the listing of BAWAG PSK, the Austrian bank majority owned by U.S. private equity group Cerberus Capital Management, one of the bookrunners said on Thursday.

from Reuters: New Issues News http://ift.tt/2hDImRG

Rabu, 11 Oktober 2017

BRIEF-Evolva announces pricing of private placement to Pictet and Cologny

* ANNOUNCES PRICING OF THE PRIVATE PLACEMENT TO PICTET ASSET MANAGEMENT AND COLOGNY ADVISORS LLP

from Reuters: New Issues News http://ift.tt/2z2k3DT

UPDATE 4-Spanish bonds and stocks rise as Catalonia split fears recede

* Spanish/German bond yield gap 9 bps tighter (Updates prices)

from Reuters: New Issues News http://ift.tt/2i2gxX0

Two Russian tycoons sell 3 pct of aluminium giant Rusal for $315 mln

MOSCOW, Oct 11 (Reuters) - Russian tycoons Mikhail Prokhorov and Viktor Vekselberg have sold a 3 percent stake in Russian aluminium giant Rusal via an accelerated bookbuilding (ABB) for $315 million, one of their bookrunners said on Wednesday.

from Reuters: New Issues News http://ift.tt/2fZzmG3

Selasa, 10 Oktober 2017

UPDATE 1-M7 joins Britain's property IPO boom

Oct 10 (Reuters) - Property investment firm M7 Real Estate launched a sale of shares in a new company on Tuesday, M7 Multi-Let REIT, which owns and manages industrial and office property, aiming to raise 300 million pounds ($395 million) on the London stock market.

from Reuters: New Issues News http://ift.tt/2fZzbKQ

Two Russian tycoons selling 3 percent of aluminium producer Rusal

MOSCOW, Oct 10 (Reuters) - Russian tycoons Mikhail Prokhorov and Viktor Vekselberg are selling a 3-percent stake in Russian aluminium giant Rusal via accelerated bookbuilding (ABB), one of their bookrunners said on Tuesday.

from Reuters: New Issues News http://ift.tt/2gb4QfX

UPDATE 1-Ready meals firm Bakkavor prepares $2 bln London listing

LONDON, Oct 10 (Reuters) - Ready meals supplier Bakkavor plans to list at least a quarter of its shares on the London Stock Exchange in early November, in a deal that sources say could value it at up to 1.5 billion pounds ($2 billion).

from Reuters: New Issues News http://ift.tt/2ycbXeR

Irish housebuilder Glenveagh says IPO set to raise 550 mln euros

DUBLIN, Oct 10 (Reuters) - Irish homebuilder Glenveagh Properties on Friday said it was set to raise 550 million euros ($647.30 million) in Ireland's second-largest initial public offering since the 2008 financial crisis amid a housing crisis in Europe's fastest growing economy.

from Reuters: New Issues News http://ift.tt/2y9xbbe

Jumat, 06 Oktober 2017

VTB Capital values Russia's En+ at $9 bln-$12 bln ahead of IPO

MOSCOW, Oct 6 (Reuters) - VTB Capital, a coordinator of the planned initial public offering of Russia's En+ has valued the group's total equity at between $9 billion and $12 billion, according to a VTB report obtained by Reuters. En+ Group, which manages Russian tycoon Oleg Deripaska's aluminium and hydropower businesses, is planning an initial public share offering (IPO) in London and Moscow. It has not said how much of its equity it plans to float but has said it hopes to raise $1

from Reuters: New Issues News http://ift.tt/2fS8Oqc

UPDATE 1-Metals recycler Befesa to list in Frankfurt this year

FRANKFURT, Oct 6 (Reuters) - German metals recycling group Befesa is planning to list on the Frankfurt stock market this year, the company said in a statement on Friday.

from Reuters: New Issues News http://ift.tt/2y3Glrw

Kamis, 05 Oktober 2017

UPDATE 2-Russia's En+ to test markets with London share offer

MOSCOW, Oct 5 (Reuters) - Russia's En+ Group will launch an initial public share offering in London and Moscow, it said on Thursday, testing investors' appetite for Russian assets three years after Western countries imposed sanctions on Moscow over its role in the Ukraine crisis.

from Reuters: New Issues News http://ift.tt/2xUM5o8

RPT-UPDATE 1-Acquisition vehicle J2 raises $1.25 bln in London listing

LONDON, Oct 5 (Reuters) - J2 Acquisition, a British Virgin Islands investment vehicle set up by former executives of U.S. consumer products firm Jarden, has raised $1.25 billion in an initial public share offering in London, J2 said on Thursday.

from Reuters: New Issues News http://ift.tt/2y1fzjq

UPDATE 1-Dutch business services firm TMF seeks London share listing

LONDON, Oct 5 (Reuters) - Business services firm TMF Group said it plans to raise 340 million euros ($399.47 million) from a London share listing in November, as the Dutch company tries to reduce its debt.

from Reuters: New Issues News http://ift.tt/2z0zE7Z

UPDATE 1-Russia's En+ launches IPO in London and Moscow

MOSCOW, Oct 5 (Reuters) - En+ Group, which manages Russian tycoon Oleg Deripaska's aluminium and hydropower businesses, has announced its intention to conduct an initial public offering on the London Stock Exchange and the Moscow Exchange.

from Reuters: New Issues News http://ift.tt/2y109eE

Dutch firm TMF Group aims to raise 340 mln eur in London IPO

LONDON, Oct 5 (Reuters) - Business services firm TMF Group said it plans to raise gross proceeds of 340 million euros ($399.47 million) from a London listing in November, as the Dutch company tries to reduce its debt burden.

from Reuters: New Issues News http://ift.tt/2xUBGbY

Russia's En+ launches IPO in London, Moscow

MOSCOW, Oct 5 (Reuters) - En+ Group, which manages Russian tycoon Oleg Deripaska's aluminium and hydropower businesses, has announced its intention to conduct an initial public offering on the London Stock Exchange and the Moscow Exchange.

from Reuters: New Issues News http://ift.tt/2xiAta4

Rabu, 04 Oktober 2017

Russia's Sistema: planned unit listings draw interest from Saudi investors

MOSCOW, Oct 4 (Reuters) - Saudi investors have shown interest in planned share offerings by units of Russian conglomerate Sistema , its chairman said on Wednesday, Russian news agencies reported.

from Reuters: New Issues News http://ift.tt/2g9v6UX

BRIEF-Standard Life Aberdeen plans subordinated debt issue

* Standard life aberdeen plc proposes subordinated debt offering Source text for Eikon: Further company coverage:

from Reuters: New Issues News http://ift.tt/2yIf0Za

Selasa, 03 Oktober 2017

Canada debt issues set record, helped by maple bonds; M&A drops

TORONTO, Oct 3 (Reuters) - Canadian debt issuance climbed 12 percent to a record in the first nine months of 2017, helped by deals from Canada Housing Trust and a major maple bond from Apple Inc, bucking a weak trend in M&A and equity deals as Canadian companies slowed the pace of their outbound dealmaking.

from Reuters: New Issues News http://ift.tt/2xRUx4I

Global investment banking fees at 10-year high

LONDON, Oct 3 (Reuters) - Global investment banking fees in the year to date have reached their highest since just before the financial crisis, coming in at $76.1 billion, according to Thomson Reuters data.

from Reuters: New Issues News http://ift.tt/2xROKwa

Senin, 02 Oktober 2017

Ready meals firm Bakkavor names new chairman ahead of $2bln float- source

LONDON, Oct 2 (Reuters) - Ready meals supplier Bakkavor plans to name a former boss of toy shop Hamleys as its new chairman in preparation for a London listing that could value it at up to 1.5 billion pounds ($2 billion), a source close to the matter told Reuters.

from Reuters: New Issues News http://ift.tt/2hK1jWA

UPDATE 2-BoE tells banks to find 4 bln pounds of 'bail-in' debt by 2022

* BoE to publish summary of resolution plans from 2019 (Adds more detail, banking industry reaction)

from Reuters: New Issues News http://ift.tt/2fEQAs8

Britain plans new sukuk deal; Brexit may boost Islamic finance

* Sukuk may boost UK Islamic finance in focus on non-EU business

from Reuters: New Issues News http://ift.tt/2g4h5Ym

UPDATE 1-Irish housebuilder Glenveagh to raise up to 550 mln euros in IPO

* Ireland struggling with chronic shortage of housing (Adds details, quotes)

from Reuters: New Issues News http://ift.tt/2xMjyyv