Rabu, 25 Maret 2020

Travel food firm SSP cuts jobs, seeks funds as sales crash

British travel-food company SSP launched emergency measures to prop up its business on Wednesday, including layoffs and applying for support under the government's coronavirus schemes, saying its business in Europe had plunged as much as 85%.

from Reuters: New Issues News https://ift.tt/2UkxtJ3

Selasa, 24 Maret 2020

UPDATE 1-Companies rush to debt market as Fed eases funding logjam

* Cost of insuring against junk bond defaults drops (Updates to include broader market funding indicators)

from Reuters: New Issues News https://ift.tt/3ahTfCy

Jumat, 20 Maret 2020

BofA says 24 firms elegible for bond-buying schemes of both ECB and BOE

Daimler and Deutsche Telekom are among 24 firms that stand to benefit the most from central bank asset-purchase schemes as their debt is eligible for the UK as well as euro zone stimulus programmes, investment bank BofA said on Friday.

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

UPDATE 2-Hotel Chocolat agrees share issue ahead of coronavirus hit

British chocolatier Hotel Chocolat said on Friday it had agreed to issue new shares to inject 22 million pounds into the business, as it faces having to close its cafe and store locations due to Britain's spreading coronavirus outbreak.

from Reuters: New Issues News https://ift.tt/2WuVwX5

UPDATE 1-Hotel Chocolat agrees share issue ahead of coronavirus hit

British chocolatier Hotel Chocolat said on Friday it had agreed an issue of new shares that would inject 20 million pound into the business, as it faces having to close its cafe and store locations due to Britain's coronavirus lockdown.

from Reuters: New Issues News https://ift.tt/38ZxV3q

Hotel Chocolat agrees share issue ahead of coronavirus hit

British chocolatier Hotel Chocolat said on Friday it had agreed an issue of new shares that would inject 20 million pound into the business, as it faces having to close its cafe and store locations due to Britain's coronavirus lockdown.

from Reuters: New Issues News https://ift.tt/2J3Ax5O

Selasa, 17 Maret 2020

Bankers and lawyers prepare for spate of company rescues as coronavirus bites

Law firms and banks are scrambling to retrain senior staff in restructuring so they can help dozens of companies looking to raise emergency funds and rearrange debts as the coronavirus pandemic eats into corporate cash.

from Reuters: New Issues News https://ift.tt/38WBuqY

Senin, 16 Maret 2020

AMS falls below rights issue price in fresh challenge to Osram takeover

AMS shares fell below the price at which the Austrian sensor maker is raising new equity on Monday, in the latest hurdle to its planned purchase of German lighting group Osram.

from Reuters: New Issues News https://ift.tt/2QlXg0Q

Ninety One focusing on managing fund liquidity-CEO

Ninety One was focusing on making sure its funds have sufficient liquidity in volatile markets, its chief executive said on Monday, the asset manager's first day as a separate listed company after demerging from parent Investec.

from Reuters: New Issues News https://ift.tt/3d5cJMs

Rabu, 11 Maret 2020

UPDATE 1-Bets against Tullow Oil shares at highest in over a year - data

* Bets against Premier Oil shares also rising (Adds graphic, no changes to text)

from Reuters: New Issues News https://ift.tt/33dS4Sa

Bets against Tullow Oil shares at highest in over a year - data

Short positions on Tullow Oil shares hit a more than 15-month high on Monday, data from industry tracker FIS' Astec Analytics showed, in a sign of investors growing pessimism over the company's prospects ahead of its 2019 results on Thursday.

from Reuters: New Issues News https://ift.tt/3aMLSmB

UPDATE 3-Prudential to float part of U.S. business as Third Point demands sale

* Minimal exposure to coronavirus claims in Asia -CEO (Adds no comment from Third Point, updates shares)

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

UPDATE 2-Prudential to float part of U.S. business to head off Third Point demands

* Shares up 0.5% (Adds comments from media call, background, analyst, updates shares)

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

UPDATE 1-Prudential plans IPO of U.S. business as 2019 profits rise 20%

Britain's largest insurer Prudential said on Wednesday it was planning an initial public offering of part of its U.S. business as it fights demands from rebel investor Third Point to offload the whole of the business.

from Reuters: New Issues News https://ift.tt/3cNFvB7

Prudential plans IPO of U.S. business as 2019 profits rise 20%

Britain's largest insurer Prudential said on Wednesday it was planning an initial public offering of part of its U.S. business as it reported a 20% rise in adjusted operating profit to $5.3 billion.

from Reuters: New Issues News https://ift.tt/3aOs4iP

Rabu, 04 Maret 2020

CORRECTED-Debt sales make a comeback after coronavirus shutdown

Companies took advantage of a window of opportunity on Tuesday to launch debt sales on both sides of the Atlantic, after coronavirus concerns chilled deal markets last week.

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

CORRECTED-Debt sales make a comeback after coronavirus shut-down

Companies took advantage of a window of opportunity on Tuesday to launch debt sales on both sides of the Atlantic, after coronavirus concerns chilled deal markets last week.

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

Selasa, 03 Maret 2020

RPT-Debt sales make a comeback after coronavirus shut-down

Companies took advantage of a window of opportunity on Tuesday to launch debt sales on both sides of the Atlantic, after coronavirus concerns chilled deal markets last week.

from Reuters: New Issues News https://ift.tt/2Tj6PQ5

Debt sales make a comeback after coronavirus shut-down

Companies took advantage of a window of opportunity on Tuesday to launch debt sales on both sides of the Atlantic, after coronavirus concerns chilled deal markets last week.

from Reuters: New Issues News https://ift.tt/2PH4tIr

Minggu, 01 Maret 2020

NMC Health hires Moelis for debt restructuring - sources

NMC Health, the UAE healthcare company, has hired Moelis & Co to advise on a debt restructuring, three sources familiar with the matter said on Sunday.

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