BRIEF-Three new banks to enter Creval's share issue guarantee consortium

* BANCO SANTANDER, BARCLAYS AND CREDIT SUISSE TO ENTER GUARANTEE CONSORTIUM FOR ITS SHARE ISSUE AS CO-GLOBAL COORDINATORS AND JOINT BOOKRUNNERS

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

UPDATE 5-Capita shares plunge 40 pct as UK outsourcer cuts forecasts

* Group cuts 2018 profit forecast by around 30 percent (Adds British government comment)

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

UK government does not see Capita heading same way as Carillion - PM's spokesman

LONDON, Jan 31 (Reuters) - The British government monitors the financial health of all its strategic suppliers and does not believe that any, including Capita, are in a comparable position to Carillion, a spokesman for Prime Minister Theresa May said on Wednesday.

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UPDATE 4-Capita shares crash 40 pct as UK outsourcer cuts forecasts

* Group cuts 2018 profit forecast by around 30 percent (Updates shares, adds contract background, political reaction)

from Reuters: New Issues News http://ift.tt/2Es0ZCO

Morgan Stanley, UBS to lead software firm Avast float in London -sources

LONDON/SAN FRANCISCO, Jan 31 (Reuters) - The owner of Avast Software has chosen Morgan Stanley and UBS to list the antivirus software business in a multi-million dollar initial public offering in London, sources familiar with the matter said.

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UPDATE 3-Capita shares crash 40 pct as UK outsourcer cuts forecasts, aims to raise cash

* Group cuts 2018 profit forecast by around 30 percent (Adds reaction)

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

UPDATE 2-Britain's Capita to raise cash after cutting profit forecasts

* Group cuts 2018 profit forecast by around 30 percent (Adds background, details)

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BRIEF-Globaltrans Plans To Issue Rub 5.0 Billion Bonds

* SAYS ITS UNIT PLANS TO ISSUE A 5-YEAR RUSSIAN ROUBLE DENOMINATED BOND FOR A TOTAL AMOUNT OF RUB 5.0 BILLION

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British venture capital firm Augmentum seeks London listing- source

LONDON, Jan 30 (Reuters) - Augmentum Management, a Lord Rothschild-backed British venture capital firm, is planning to raise as much as 125 million pounds ($176.75 million) from a London stock market listing to put towards a new fund, according to a person familiar with the matter.

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UPDATE 1-Russian pipe maker TMK's U.S. subsidiary sets IPO price range

MOSCOW, Jan 29 (Reuters) - U.S. steel pipes producer IPSCO Tubulars and its owner, Russia's TMK aim to raise between $465 million and $535 million from IPSCO's initial public offering (IPO) on the New York Stock Exchange, it said on Monday.

from Reuters: New Issues News http://ift.tt/2Em8Gue

Banks chosen for car parts company Autodis - sources

FRANKFURT/LONDON, Jan 29 (Reuters) - U.S. buyout firm Bain is moving ahead with preparations for the initial float of French vehicle spare parts distributor Autodis, which could take place in March or April, sources familiar with the matter said.

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Russian pipe maker TMK's U.S. subsidiary says begins IPO

MOSCOW, Jan 29 (Reuters) - IPSCO Tubulars, the U.S. subsidiary of Russia's largest maker of steel pipes for the oil and gas industry TMK, said on Monday it launched an initial public offering (IPO) of its common stock.

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

UPDATE 1-ISS advises Cineworld shareholders to oppose Regal deal

LONDON, Jan 24 (Reuters) - Cineworld's attempt to buy U.S. rival Regal Entertainment has been dealt a blow after advisory group Institutional Shareholder Services told investors to oppose the $3.6 billion deal because it posed "significant financial and operation risks."

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

Despite US$33bn hit, US banks lick lips on tax reform

LONDON, Jan 24 (IFR) - Just whisper it among European bank executives, but US bank chiefs reckon changes to US taxes are going to make them stronger and able to more aggressively hire from rivals and invest in technology.

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

Saudi regulator asked to study local market impact of Aramco IPO

KHOBAR, Saudi Arabia/RIYADH, Jan 24 (Reuters) - An advisory council to Saudi Arabia's government has asked the kingdom's securities regulator to study the impact of listing Saudi Aramco on the local bourse amid concern that a huge initial public offering could damage the market.

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

Russia's Sistema to issue 10 bln rouble bond on Jan 26 - prospectus

MOSCOW, Jan 22 (Reuters) - Russian conglomerate Sistema is to issue a 10 billion rouble ($176.79 million) bond, denominated in roubles, on Jan. 26, according to an issue prospectus circulated to the market on Monday.

from Reuters: New Issues News http://ift.tt/2n0e0vn

Titan global names banks for EUR50m tap of Nov 2024

LONDON, Jan 22 (IFR) - Titan Global Finance plc has mandated HSBC (B&D) and Societe Generale are joint global coordinators/bookrunners to lead manage a EUR50m tap of its 2.375% Nov 16 2024 non-call life (6 month par call) issue, expected to be rated BB+ (S&P).

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

UPDATE 1-Britain names banks to sell 30-year index-linked bond

LONDON, Jan 19 (Reuters) - The United Kingdom Debt Management Office named Bank of America Merrill Lynch, J.P. Morgan, Lloyds Bank and Santander GBM to act as joint bookrunners for the sale of several billion pounds of a 30-year index-linked bond.

from Reuters: New Issues News http://ift.tt/2EW1C6I

Russia's Polyus launches $250 mln bond offering

MOSCOW, Jan 19 (Reuters) - Leading Russian gold producer Polyus said on Friday it would issue $250 million worth of bonds, with the proceeds of the sale mainly going towards refinancing its debt.

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

Britain names banks to sell 30-year index-linked bond

LONDON, Jan 19 (Reuters) - The United Kingdom Debt Management Office named Bank of America Merrill Lynch, J.P. Morgan, Lloyds Bank and Santander GBM to act as joint bookrunners for the sale of several billion pounds of a 30-year index-linked bond.

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

Russia's European Medical Center considering IPO in 2018 - sources

MOSCOW, Jan 18 (Reuters) - Russia's European Medical Center (EMC), one of Moscow's largest private healthcare providers, is considering an initial public offering this year, three financial market sources told Reuters on Thursday.

from Reuters: New Issues News http://ift.tt/2mKvqM4

Emirates NBD hires StanChart for potential Formosa bond -sources

DUBAI, Jan 17 (Reuters) - Emirates NBD, Dubai’s largest bank, has appointed Standard Chartered and other banks to lead a potential Formosa bond issue, sources familiar with the matter said.

from Reuters: New Issues News http://ift.tt/2FKP9nz

UPDATE 2-GKN pension trustees say potential buyer faces big pension deficit

* Melrose says 'impeccable' record of improving pensioners' rights

from Reuters: New Issues News http://ift.tt/2FK6NIq

Singapore's CDL will not extend M&C offer beyond Jan. 26

LONDON, Jan 16 (Reuters) - City Developments Limited (CDL) said on Tuesday that it would not extend the offer period for its bid for Millennium & Copthorne Hotels (M&C) beyond 1300 GMT on Jan. 26.

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

UPDATE 1-GKN pension trustees say any potential buyer faces big pension deficit

Jan 16 (Reuters) - Any buyer of British engineering company GKN should be aware of its sizeable pension deficit, GKN's pension trustees said on Tuesday, a day after Melrose appealed directly to GKN investors to back its 7 billion pound takeover offer.

from Reuters: New Issues News http://ift.tt/2Dc7YP1

GKN pension trustees say any potential buyer faces big pension deficit

Jan 16 (Reuters) - Any buyer of British engineering company GKN should be aware of its sizeable pension deficit, GKN's pension trustees said on Tuesday, a day after Melrose appealed directly to GKN investors to back its 7 billion pound takeover offer.

from Reuters: New Issues News http://ift.tt/2Dfc3WK

BRIEF-Luzerner Kantonalbank Issues A 0.350% Bond For CHF 475 Mln

* ISSUES A 0.350% BOND FOR 475 MILLION SWISS FRANCS WITH A REOPENING CLAUSE

from Reuters: New Issues News http://ift.tt/2mIR0Sc

Carillion collapse hits banks and investors, boosts short sellers

LONDON, Jan 15 (Reuters) - Leading British lenders including Barclays, the Royal Bank of Scotland and Lloyds Banking Group face the prospect of hundreds of millions of pounds in outstanding loans going unpaid from Carillion's collapse on Monday.

from Reuters: New Issues News http://ift.tt/2DgOA7m

UPDATE 2-Drugmaker Dermapharm gears up for likely first German IPO of 2018

* To be valued at 1.5-1.75 bln euros after IPO (Adds details on full IPO pipeline expected this year)

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

UPDATE 1-Drugmaker Dermapharm gears up for likely first German IPO of 2018

* To be valued at 1.5-1.75 bln eur after IPO (Adds detail on valuation)

from Reuters: New Issues News http://ift.tt/2r8yFmb

Russia's Headhunter company considers 2018 IPO - market sources

MOSCOW, Jan 15 (Reuters) - Russia's Headhunter recruitment company is considering an initial public offering this year, three market sources told Reuters.

from Reuters: New Issues News http://ift.tt/2B1sT5q

UPDATE 2-Melrose courts GKN investors after company spurns $9.6 bln bid

* GKN shares jump (Adds GKN statement, analyst comments, details, share movement)

from Reuters: New Issues News http://ift.tt/2my2hUA

UPDATE 1-Melrose looks to win over GKN shareholders after spurned 7 bln stg bid

Jan 15 (Reuters) - Turnaround specialist Melrose plans to meet shareholders in GKN to convince them of the benefits of its 7 billion pound ($9.61 billion) takeover offer, which had been rejected by management.

from Reuters: New Issues News http://ift.tt/2B1m9V4

Melrose looks to win over GKN shareholders after spurned 7 bln stg bid

Jan 15 (Reuters) - Turnaround specialist Melrose plans to meet shareholders in GKN to convince them of the merits of its 7 billion pound ($9.61 billion) takeover offer, which had been rejected by management.

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

UPDATE 1-Norway's Aker BP raises 2018 dividend forecast, more to come

OSLO, Jan 15 (Reuters) - Norway's Aker BP will pay out $450 million in dividends for 2018, $100 million more than previously indicated, and has "a clear ambition" to raise them by the same amount each year to 2021, the oil company said on Monday.

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

CDL hires Georgeson to woo investors in M&C Hotels bid -sources

LONDON, Jan 12 (Reuters) - The Singaporean billionaire trying to buy Millennium & Copthorne Hotels(M&C) has hired advisory firm Georgeson to help to drum up investor support for the deal in the face of shareholder opposition that could derail the bid.

from Reuters: New Issues News http://ift.tt/2D4kjsu

German property developer Instone targets March IPO -sources

FRANKFURT, Jan 12 (Reuters) - German residential property developer Instone Real Estate is targeting a flotation on the Frankfurt stock exchange in March, adding to a growing pipeline of spring listings in Germany, people close to the matter said.

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

BRIEF-Russian Helicopters Completes Additional Shares Placement

* COMPLETES PLACEMENT OF ADDITIONAL SHARES IN CLOSED SUBSCRIPTION

from Reuters: New Issues News http://ift.tt/2mgq1gA

UPDATE 1-Nigeria's Union Bank raises $163 mln via share sale to boost buffers

LAGOS, Jan 8 (Reuters) - Nigeria's Union Bank has raised 49.7 billion naira ($163 mln)through a rights issued which it said was 120 percent subscribed.

from Reuters: New Issues News http://ift.tt/2qFX1Dt

UK retailers slump but Zoopla kicks off high-yield issuance

LONDON, Jan 8 (IFR) - New Look, House of Fraser and Debenhams bonds hit lows on Monday because of financial stress, but the year's first high-yield deal for online property platform Zoopla will test how far concerns around UK consumer names has spread to the market.

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

UPDATE 3-UK financial watchdog bans, fines ex-RBS Libor trader

LONDON, Jan 8 (Reuters) - Britain's financial watchdog fined ex-Royal Bank of Scotland trader Neil Danziger 250,000 pounds ($338,000) on Monday and barred him from working in financial services.

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

Barclays 15yr tightened 10bp, tap still G+145 area

* 15yr guidance at G+175 area, Jan 2024 tap unchanged from IPTs at G+145 area on GBP300m+ book. Books subject at 2pm. Tap is immediately fungible. Barc is B&D. (1:06pm)

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

Lloyds sets 6NC5 at MS+47 for EUR1.25bn, tap to be EUR250m

* Final terms: EUR1.25bn 6NC5 at MS+47, EUR250m Sep 2027 tap at MS+60. Books around EUR2bn and EUR375m. Allocs and pricing this pm. Lloyds is B&D. 6NC5 coupon 1yr MS+47 if not called. (11:58am)

from Reuters: New Issues News http://ift.tt/2D7h5RS

UPDATE 2-UK financial watchdog fines, bans ex-RBS Libor trader

LONDON, Jan 8 (Reuters) - Britain's financial watchdog said on Monday it had fined former Royal Bank of Scotland interest rate derivatives trader Neil Danziger 250,000 pounds ($338,000) and banned him from working in any regulated financial activity.

from Reuters: New Issues News http://ift.tt/2mdlY4u

REFILE-Lloyds total books EUR1.6bn+, guidance MS+50 area and MS+60

* 6NC5 books over EUR1.3bn, guidance MS+50 area. Tap books around EUR300m, spread set at MS+60. Books subject at 11:30am. (11:01am)

from Reuters: New Issues News http://ift.tt/2CT9hFF

Lloyds total books EUR1.6bn+, guidance MS+50 area and MS+60

* 6NC5 books over EUR1.3bn, guidance MS+50 area. Tap books around EUR300m, spread set at MS+60. Books subject at 11:30am. (11:01am)

from Reuters: New Issues News http://ift.tt/2m78FBR

UPDATE 1-Britain's financial watchdog fines and bans former RBS trader

LONDON, Jan 8 (Reuters) - Britain's financial watchdog has fined former Royal Bank of Scotland interest rate derivatives trader Neil Danziger 250,000 pounds ($338,000) and banned him from working in any regulated financial activity, it said on Monday.

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Barclays plc marketing 15yr GBP holdco benchmark, Jan 2024 tap

* 15yr benchmark at UKT4.25% Jun 2032 +185 area IPTs, Jan 2024 tap at UKT2.75% Sep 2024 +145 area. Pricing today. Due 17 Jan 2033 and 17 Jan 2024, pay 17 Jan. 15yr is SEC registered, NYSE listing, 100k/1k denoms. Tap is off DIP, Reg S registered, London listing, 100k/1k denoms. Both have MWC. (9:10am)

from Reuters: New Issues News http://ift.tt/2mc1BEP

UPDATE-Lloyds Bank marketing 6NC5 euro holdco, Sep 2027 tap

* 6NC5 benchmark at 5yr MS+55/+60 IPTs, Sep 2027 tap at MS+65 area. Pricing today. Due 15 Jan 2024 and 12 Sep 2027, call 15 Jan 2023 on 6NC5, pay 15 Jan on both, EMTN docs, English law, London listing, 100k/1k denoms, Reg S bearer (NGN). Coupon on 6NC5 switches to 1yr MS+xx if not called. (8:27am)

from Reuters: New Issues News http://ift.tt/2qCxAm9

Lloyds Bank marketing 6NC5 euro holdco, Sep 2027 tap

* 6NC5 benchmark at 5yr MS+55/+60 IPTs, Sep 2027 tap at MS+65 area. Pricing today. Due 15 Jan 2024 and 12 Sep 2027, call 15 Jan 2023 on 6NC5, pay 15 Jan on both, EMTN docs, English law, London listing, 100k/1k denoms, Reg S bearer (NGN). Coupon on 6NC5 switches to 1yr MS+xx if not called. (8:27am)

from Reuters: New Issues News http://ift.tt/2mc1wRv

BRIEF-Italy's state-owned SGA bought 5.4 pct of Carige in cash call

* ITALIAN STATE-OWNED BAD LOAN MANAGER SGA HAS 5.4 PERCENT OF BANCA CARIGE AFTER NEW SHARE ISSUE - FILINGS

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

Ireland sizes May 2028s at EUR4bn

* Final terms: EUR4bn at MS+2. Books closed EUR14bn+ (1.45bn JLM). MS is B&D and DM. Allocs and pricing later today. (12:31pm)

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

Books for Ireland May 2028s over EUR14bn, spread set at MS+2

* Spread set at MS+2. Books EUR14bn+ (1.45bn JLM) and closing at 11:30am. (11:01am)

from Reuters: New Issues News http://ift.tt/2EJP6YM

Ireland May 2028 IoIs over EUR10bn, guidance MS+3 area

* IoIs EUR10bn+ (1.55bn JLM). Guidance MS+3 area. ISIN IE00BDHDPR44. (9:32am)

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

UPDATE-Ireland May 2028 IPTs at MS+5 area

* IPTs MS+5 area, benchmark size, pricing today. Due 15 May 2028, pay 10 Jan, Irish law, Dublin listing, 0.01 denoms, Reg S registered. Short first coupon to 15 May 2018. MS is B&D and DM. (8:10am)

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

Next CEO "a lot more confident" about prospects than a year ago

LONDON, Jan 3 (Reuters) - British clothing retailer Next is much more optimistic about its prospects than it was in January last year when it issued a profit warning, its boss said on Wednesday.

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

Ireland May 2028 IPTs at MS+5 area

* IPTs MS+5 area, benchmark size, pricing today. Due 15 May 2028, pay 10 Jan, Irish law, Dublin listing, 0.01 denoms, Reg S registered. Short first coupon to 15 May 2018. (8:10am)

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

CORRECTED-Bankers to burn midnight oil ahead of "MiFID" dawn

LONDON, Jan 2 (Reuters) - Bankers will work through the night to iron out last minute hitches before Wednesday's launch of a major reform of European Union financial markets that aims to apply lessons from the financial crisis nearly a decade ago.

from Reuters: New Issues News http://ift.tt/2DRETs6

Ireland plans 10-year (May 2028) euro bond

LONDON, Jan 2 (IFR) - Ireland has mandated Citigroup, Danske Bank, Davy, JP Morgan, Morgan Stanley and Nomura as joint lead managers for a forthcoming long 10-year euro RegS benchmark transaction, maturing 15 May 2028.

from Reuters: New Issues News http://ift.tt/2CtJ2pO

Bankers to burn midnight oil ahead of "MiFID" dawn

LONDON, Jan 2 (Reuters) - Bankers will work through the night to iron out last minute hitches before Wednesday's launch of a major reform of European Union financial markets that aims to apply lessons from the financial crisis nearly a decade ago.

from Reuters: New Issues News http://ift.tt/2lHf7iL

ABN AMRO names leads for 15yr euro covered

LONDON, Jan 2 (IFR) - ABN AMRO Bank NV has mandated ABN AMRO, Credit Suisse, Danske Bank, LBBW and SG CIB to lead manage its upcoming EUR Legislative Covered Bond transaction.

from Reuters: New Issues News http://ift.tt/2A5pmCw