Jumat, 29 Maret 2019

UPDATE 1-BP CEO Dudley's 2018 pay slips to $14.7 mln

* BP's 2018 profits doubled to five-year high (Adds details, graphics)

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BP CEO Dudley's 2018 pay slips to $14.7 mln

BP Chief Executive Officer Bob Dudley's 2018 remuneration slipped to $14.7 million from a year earlier, as the oil and gas company's profits doubled to a five-year high.

from Reuters: New Issues News https://ift.tt/2uzqSMZ

Georgia sees growth of at least 5 pct, plans local and foreign bond issues in 2019

Georgia expects 2019 economic growth of at least 5 percent, and is looking at issuing sovereign bonds in its national currency as well as in U.S. dollars and euros this year, economy and sustainable development minister Giorgi Kobulia said.

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Kamis, 28 Maret 2019

Deutsche Bahn still weighing options for British Arriva unit -CFO

Germany's state-owned railway operator Deutsche Bahn is still weighing options for its British-based Arriva division including a complete or partial sale or a listing, the company's finance chief said on Thursday.

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UPDATE 1-Saudi Aramco to meet investors next week ahead of debut dollar bond - sources

Saudi Aramco will start meeting bond investors next week to persuade them to buy its debut international bond, which will help the world's largest oil producer fund the $69.1 billion purchase of a stake in Saudi Basic Industries Corp (SABIC), sources familiar with the matter said.

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UPDATE 1-Debenhams bondholders back restructuring in blow to bid hopes

Debenhams' bondholders have agreed to change the terms of some of their bonds, moving the ailing British department store group closer to a refinancing deal that could thwart a bid from Mike Ashley's Sports Direct and wipe out shareholders.

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Rabu, 27 Maret 2019

Private equity Seacrest in talks to sell N.Sea oil firm Azinor -sources

Private equity fund Seacrest Capital is in talks to sell part or all of its British North Sea-focused oil exploration firm Azinor Catalyst, which could fetch between $60-$100 million, having received unsolicited offers for it, banking and industry sources said.

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UPDATE 1-Lufthansa looking to merge European catering unit with peer - sources

Lufthansa is looking to merge the European operations of its catering unit LSG with a peer as it struggles with low margins in a competitive market on the continent, people close to the matter said.

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Selasa, 26 Maret 2019

NSF investors back share issue for hostile Provident bid

British subprime lender Non-Standard Finance (NSF) said on Tuesday its investors had authorised the issue of new shares for its planned hostile takeover of Provident Financial.

from Reuters: New Issues News https://ift.tt/2FtXSvb

CORRECTED-UPDATE 1-Steinhoff to place up to 694 mln shares in KAP Industrial

Troubled South African retailer Steinhoff said on Tuesday it would place up to 694 million shares in KAP Industrial via an accelerated bookbuilding to raise cash to repay debt and shore up its finances.

from Reuters: New Issues News https://ift.tt/2TDjOcm

UPDATE 1-Steinhoff to place up to 6.94 mln shares in KAP Industrial

Troubled South African retailer Steinhoff said on Tuesday it would place up to 6.94 million shares in KAP Industrial via an accelerated bookbuilding to raise cash to repay debt and shore up its finances.

from Reuters: New Issues News https://ift.tt/2UbmtOD

Steinhoff to place up to 6.94 mln shares in KAP Industrial

Troubled South African retailer Steinhoff said on Tuesday it would place up to 6.94 million shares in KAP Industrial via an accelerated bookbuilding in an effort to plug a liquidity gap.

from Reuters: New Issues News https://ift.tt/2Oqdm7y

Emirate of Sharjah to raise $1 billion with seven-year sukuk - source

The emirate of Sharjah, the third-largest constituent of the United Arab Emirates, is set to raise $1 billion in seven-year sukuk, or Islamic bonds, a source familiar with the terms of the transaction said.

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Kamis, 21 Maret 2019

PRESS DIGEST- Financial Times - March 22

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

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Selasa, 19 Maret 2019

Russian steel pipemaker TMK considers listing its European division

Russian steel pipemaker TMK is considering an IPO of its European division, with a possible decision in the first half of 2019, said its head of strategy, Vladimir Shmatovich.

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BRIEF-Russia's Cherkizovo to place existing, new shares in stock offering

* Plans to place existing and new shares in a share offering;

from Reuters: New Issues News https://ift.tt/2W9w5Xv

Senin, 18 Maret 2019

UPDATE 2-JD Sports to buy Footasylum at half its float price

* Footasylum shares trading below offer price (Adds details of IPO, share price, analyst comment)

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Kamis, 14 Maret 2019

REFILE-UPDATE 4-HK suspends UBS sponsor licence, fines it and others $100 mln for IPO failures

* Action against banks for China Forestry, Tianhe Chemicals IPOs

from Reuters: New Issues News https://ift.tt/2JaWWkj

Aston Martin boss' total remuneration stands at 3 million pounds in 2018

The total remuneration for the boss of luxury carmaker Aston Martin stood at 3 million pounds ($4 million) in 2018, according to the firm's annual report.

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UPDATE 4-HK suspends UBS sponsor licence, fines it and others $100 mln for IPO failures

* Action against banks for China Forestry, Tianhe Chemicals IPOs (Adds quote, details of due diligence failings)

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UPDATE 1-Payments processor Network International readies London listing

Network International, the largest payment processing firm across the Middle East and Africa, plans to list on the London Stock Exchange, it said on Thursday.

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Payments processor Network International plans London listing

Network International, the largest payment processing firm across the Middle East and Africa, said on Thursday it planned to list on the London Stock Exchange.

from Reuters: New Issues News https://ift.tt/2UAfFHn

Selasa, 12 Maret 2019

UPDATE 1-Uber hires more IPO underwriters as it prepares to go public -sources

Ride-hailing startup Uber Technologies Inc has hired a string of investment banks to its syndicate of initial public offering underwriters, as it ramps up preparations for a stock market debut, people familiar with the matter said on Tuesday.

from Reuters: New Issues News https://ift.tt/2XXQGzI

Uber hires more IPO underwriters as it prepares to go public -sources

Ride-hailing startup Uber Technologies Inc has hired a string of investment banks to its syndicate of initial public offering underwriters, as it ramps up preparations for a stock market debut, people familiar with the matter said on Tuesday.

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UPDATE 2-BioNTech hires banks for IPO worth up to $800 million -sources

* IPO eyed in Q4 or early 2020-sources (Adds BioNTech comment)

from Reuters: New Issues News https://ift.tt/2HfpAz5

UPDATE 1-BioNtech hires banks for IPO worth up to $800 million -sources

BioNTech, Europe's largest unlisted biotech firm by staff numbers, has hired banks to prepare for an initial public offering (IPO) worth as much as $800 million as early as this year, people familiar with the plan told Reuters.

from Reuters: New Issues News https://ift.tt/2J4YUmm

Biontech stock offering could be worth as much as $800 million-sources

German's BionTech, Europe's largest unlisted biotech firm by staff numbers, has hired banks to prepare for an initial public offering (IPO) as early as this year, people familiar with the plan told Reuters.

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Qatar Islamic Bank hires banks ahead of dollar sukuk - IFR

Qatar Islamic Bank, the Gulf state's largest sharia-compliant lender by assets, has hired banks ahead of a potential issue of U.S. dollar-denominated sukuk, or Islamic bonds, according to IFR, a fixed income news service.

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Sabtu, 09 Maret 2019

Interserve set for pre-pack administration if debt deal fails -source

Banks for Interserve have lined up a so-called pre-pack administration that will wipe out existing shareholders but enable the troubled outsourcer to keep operating, a person familiar with the situation said on Saturday.

from Reuters: New Issues News https://ift.tt/2NTy9Ab

Rabu, 06 Maret 2019

UPDATE 4-Qatar sells triple-tranche jumbo bond to raise $12 billion

Qatar sold $12 billion in bonds on Wednesday, and drew around $50 billion in demand - the largest order book globally since its bond sale last year and the latest indication of how the country has overcome a boycott imposed by some of its Arab neighbours.

from Reuters: New Issues News https://ift.tt/2tSmEQj

UPDATE 3-Qatar gets over $35 bln in orders as it markets jumbo bond

Qatar started marketing on Wednesday a U.S. dollar-denominated bond issue that so far attracted over $35 billion in demand, the latest indication of how the country has overcome a boycott imposed by some of its Arab neighbours.

from Reuters: New Issues News https://ift.tt/2VCmhoJ

RPT-UPDATE 2-Qatar takes advantage of market conditions to sell jumbo bond

Qatar started marketing on Wednesday a U.S. dollar-denominated bond issue which is expected to attract hefty demand, the latest indication of how the country has overcome a boycott imposed by some of its Arab neighbours.

from Reuters: New Issues News https://ift.tt/2UtuNqd

UPDATE 2-Qatar takes advantage of market conditions to sell jumbo bond

Qatar started marketing on Wednesday a U.S. dollar-denominated bond issue which is expected to attract hefty demand, the latest indication of how the country has overcome a boycott imposed by some of its Arab neighbours.

from Reuters: New Issues News https://ift.tt/2TieakL

Selasa, 05 Maret 2019

UPDATE 1-Qatar starts marketing multi-tranche dollar bond

Qatar, the world's largest exporter of liquefied natural gas, started marketing on Wednesday a U.S. dollar-denominated bond issue split into tranches of five, 10 and 30 years.

from Reuters: New Issues News https://ift.tt/2TiQRHb

UPDATE 1-Britain's Interserve rejects Coltrane's new rescue plan

Interserve said on Tuesday it had rejected a rescue plan put forward by its largest shareholder Coltrane Asset Management because it believed the proposal risked the future of the outsourcer in its fight for survival.

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UPDATE 4-Qatar targets around $10 billion with jumbo bond issue, sources say

Qatar is expected to announce this week a jumbo international bond issue worth around $10 billion, sources familiar with the matter said on Tuesday.

from Reuters: New Issues News https://ift.tt/2VDWKvy

UPDATE 3-Qatar targets around $10 billion with jumbo bond issue, sources say

Qatar is expected to announce this week a jumbo international bond issue worth around $10 billion, sources familiar with the matter said on Tuesday.

from Reuters: New Issues News https://ift.tt/2VFw3qn

UPDATE 2-Qatar targets around $10 billion with jumbo bond issue, sources say

Qatar is expected to announce this week a jumbo international bond issue worth around $10 billion, sources familiar with the matter said on Tuesday.

from Reuters: New Issues News https://ift.tt/2GZhV86

Senin, 04 Maret 2019

UPDATE 2-Interserve considers alternative rescue plan from top investor

Interserve Plc said on Monday it was considering an updated proposal from its largest shareholder Coltrane Asset Management, as the loss-making British support services group tries to tackle its debt mountain.

from Reuters: New Issues News https://ift.tt/2IQSRBR

Jumat, 01 Maret 2019

UPDATE 1-Ireland's AIB hikes dividend as full-year profits slip

Allied Irish Banks will raise its dividend for the second successive year since resuming payments following the financial crisis, the bank said on Friday after reporting 1.4 billion euros ($1.59 billion) in pre-exceptional 2018 profits.

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Ireland's AIB hikes dividend as full-year profits slip 5 percent

Allied Irish Banks will raise its dividend for the second successive year since resuming payments following the financial crisis, the bank said on Friday after reporting 1.4 billion euros ($1.59 billion) in pre-exceptional 2018 profits.

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