HSBC Holdings markets Singapore dollar AT1 bonds at 5% area

SINGAPORE, June 1 (IFR) - HSBC Holdings is marketing its first Singapore dollar Additional Tier 1 issue with yield guidance in the 5 percent area.

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UPDATE 1-RBS in settlement talks with holdouts in rights issue case

* Settlement would spare RBS long, costly trial (Adds detail, background)

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RBS in fresh settlement talks with holdouts in rights issue case

LONDON, May 31 (Reuters) - Royal Bank of Scotland Group is in fresh talks with the last remaining claimants in a lawsuit over its 2008 fundraising, two sources with knowledge of the matter said on Wednesday.

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UPDATE 1-Ireland's AIB sees "very significant" investor IPO appetite

* AIB CEO not worried about potential impact of UK election (Adds CEO quotes, details, link to Reuters Breakingviews column)

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UPDATE 1-Ireland launches long-awaited AIB IPO in fresh milestone

* Finance Minister says market conditions right for sale (Adds details, further fin min quotes)

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Ireland to decide on AIB IPO in the next 48 hours - PM

DUBLIN, May 30 (Reuters) - Irish Finance Minister Michael Noonan informed cabinet on Tuesday that he expects to make a decision in the next 48 hours on whether to launch an initial public offering of Allied Irish Bank, Prime Minister Enda Kenny said.

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UPDATE 2-Alfa Financial Software's shares rise sharply in London debut

LONDON, May 26 (Reuters) - Shares in Alfa Financial , which provides software for the asset finance industry, rose sharply on their London Stock Exchange debut on Friday, making the listing London's biggest this year by market capitalisation.

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UPDATE 1-Epiris to keep focus on UK assets after Electra split

LONDON, May 25 (Reuters) - Electra's departing fund manager will pursue an investment strategy which focuses on assets in Britain when it splits from the listed private equity fund next month.

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Epiris to keep focus on UK assets after Electra split

LONDON, May 25 (Reuters) - Electra's departing management team will pursue an investment strategy which focuses on assets in Britain when it splits from the listed private equity fund next month.

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CORRECTED-BRIEF-Etalon Group guidance price at $3.58 per GDR -source

* Closes book for a placement of global depositary receipts (GDRs) - financial market source;

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BRIEF-Etalon Group guidance price at 3.58 rbls per GDR -source

* Closes book for a placement of global depositary receipts (GDRs) - financial market source;

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HelloFresh to be ready for autumn flotation - sources

FRANKFURT, May 24 (Reuters) - German meal kit company HelloFresh is preparing for a stock market flotation, which could come as early as autumn, but will only be launched if the pre-summer listing of peer Delivery Hero proves a success, people close to the matter said.

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UPDATE 3-Delivery Hero set to list before summer break - sources

* Initial public offering (IPO) before summer break - sources

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UPDATE 1-Trial over RBS 2008 cash call adjourned for settlement talks

* Bank has already settled with 4 of 5 claimant groups (Updates with decision)

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EQT leads bidding for stake in prosthetics maker Ottobock - sources

FRANKFURT, May 23 (Reuters) - Buyout group EQT has emerged as the leading bidder for a stake in Germany's Ottobock, the world's largest maker of artificial limbs, as talks with rival investor CVC continue, people familiar with the matter said.

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Trial over RBS 2008 cash call faces further delay amid settlement talks

LONDON, May 23 (Reuters) - A trial in which Royal Bank of Scotland is accused by investors of misleading them over its 2008 fundraising is set to be delayed for a second day, as frantic settlement talks between the claimants and the bank continued in London on Tuesday.

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UPDATE 1-RBS tries for last-minute settlement before investor court case -sources

LONDON, May 22 (Reuters) - Royal Bank of Scotland (RBS) has tried to reach a last-minute settlement with a group of investors who allege that the lender misled them over a 2008 capital increase, according to two people close to the matter.

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RBS tries for last-minute settlement before investor court case -sources

LONDON, May 22 (Reuters) - Royal Bank of Scotland (RBS) has tried to reach a last-minute settlement with a group of investors who allege that the lender misled them over a 2008 capital increase, according to two people familiar with the matter.

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

Greenpeace files state aid complaint with EU over EDF recapitalisation

PARIS, May 17 (Reuters) - Greenpeace is filing a complaint with the European Commission arguing that the French government's recapitalisation of state-controlled EDF amounts to illegal state aid for the utility's plan to build nuclear plants in Hinkley Point, Britain.

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Old Mutual sells a further 15 pct of U.S. fund arm

LONDON, May 16 (Reuters) - Anglo-South African financial services firm Old Mutual is selling 17 million shares in U.S. fund firm Old Mutual Asset Management (OMAM), it said on Tuesday, cutting its minority stake in the firm by a further 15 percent.

from Reuters: New Issues News http://ift.tt/2rbblD2

BRIEF-Euskaltel to buy Telecable from Zegona for 686 mln euros

* TO ACQUIRE CONTROL OF TELECABLE DE ASTURIAS SAU THROUGH THE PURCHASE OF 100 PERCENT OF THE SHARE CAPITAL OF PARSELAYA SLU FROM ZEGONA LIMITED

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BRIEF-Basler Kantonalbank says price range for placement of participation certificates at CHF 66-72 apiece

* PRICE RANGE FOR PLACEMENT OF PARTICIPATION CERTIFICATES AT CHF 66-72 APIECE Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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UPDATE 2-Turkish jeans retailer Mavi to list on Istanbul bourse

LONDON/ISTANBUL, May 15 (Reuters) - Turkish clothing retailer Mavi Giyim plans to list on Istanbul's stock exchange, the company said on Monday, in what will be a test for the exchange 10 months after a coup attempt shook investor confidence in the region.

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Italian packaging firm Guala Closures picks banks for either sale or IPO -sources

MILAN/FRANKFURT, May 12 (Reuters) - Private-equity held Italian packaging firm Guala Closures is moving ahead with plans for a sale or a stock market listing that may value the company at more than 1 billion euros ($1.1 billion), sources close to the matter said.

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UPDATE 1-United Internet buys Drillisch to stir up German telecoms market

* United Internet up 11.6 pct, Drillisch up 8.7 pct (Adds analyst comment, shares)

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United Internet to buy Drillisch through shares and cash

FRANKFURT, May 12 (Reuters) - German internet service provider United Internet plans to acquire a majority stake in mobile operator Drillisch in a step-by-step stock and cash transaction to create a stronger challenger in the German telecoms market.

from Reuters: New Issues News http://ift.tt/2r8ccBr

Bank of Georgia hires JP Morgan, Renaissance Capital for Eurobond roadshow

TBILISI, May 11 (Reuters) - Bank of Georgia said on Thursday it had mandated JP Morgan and Renaissance Capital to arrange investor meetings ahead of a potential lari-denominated Eurobond issue.

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PRESS DIGEST- British Business - May 11

May 11 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

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British investors wary of Aramco as London courts listing

LONDON, May 10 (Reuters) - While Britain's stock exchange pulls out all the stops to woo Saudi Aramco, some leading British fund managers who would be among potential investors have expressed reservations about the oil titan's corporate governance and valuation.

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

Linde CEO sees new company after Praxair merger based in Ireland

MUNICH, May 10 (Reuters) - The new company formed from the planned $70 billion merger of Linde and Praxair will likely be based in Ireland with a tax domicile in Britain, its chief executive told shareholders on Wednesday.

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UPDATE 1-Tanzania's Magufuli pushes for listing of mining firms

DAR ES SALAAM, May 10 (Reuters) - Tanzania will enforce a new rule requiring mining companies to list on its bourse by August, President John Magufuli said, as part of measures aimed at increasing transparency and spreading wealth from the country's natural resources.

from Reuters: New Issues News http://ift.tt/2qSw9iC

Tanzania's Magufuli pushes for listing of mining firms

DAR ES SALAAM, May 10 (Reuters) - Tanzania's president John Magufuli said his government will enforce a new rule requiring mining firms to list on its bourse by August as part of measures aimed at increasing transparency and spreading wealth from the country's natural resources.

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Market conditions encouraging for Allied Irish IPO -minister

DUBLIN, May 9 (Reuters) - Ireland's finance minister will decide in the coming weeks whether to press ahead with a long-awaited initial public offering (IPO) of state-owned Allied Irish Banks (AIB), he said on Tuesday, adding that market conditions are encouraging.

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UPDATE 1-Alfa Financial Software plans to list in London in June

* Listing announced amid slowdown in IPOs of UK-based firms (Adds context, background)

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

Travelex bond trades down after troubled sale

LONDON, May 8 (IFR) - Travelex's new issue traded down to a new low on Monday, following a troubled sale that saw the company tweak the deal's price, call features and covenant package to keep investors on board.

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ADB agrees to lend $500 mln to Azeri gas project

BAKU, May 7 (Reuters) - The Asian Development Bank (ADB) has agreed to provide a $500 million loan to Azerbaijan's Shah Deniz 2 project, the Azeri finance ministry said on Sunday.

from Reuters: New Issues News http://ift.tt/2qdu5l5

UPDATE 1-Bank of England sets out bailout bond requirements for UK banks

LONDON, May 5 (Reuters) - The Bank of England on Friday made public for the first time how many special loss-absorbing bonds British-based banks must issue to prevent taxpayers having to pay for bank bailouts in the future.

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BRIEF-Russia's Metalloinvest says agrees to borrow at least $1.05 bln

May 5 (Reuters) - Russian metals producer Metalloinvest says:

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BRIEF-IAG to propose 8.9 pct share capital reduction

May 4 (Reuters) - International Consolidated Airlines Group SA:

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UK banks set for MREL guidance from regulator

LONDON, May 4 (IFR) - The Bank of England will soon publish final guidance for how much loss-absorbing debt Britain's major banks will each need to hold, as part of plans to better protect savers and taxpayers.

from Reuters: New Issues News http://ift.tt/2pC1Hrm

HSBC posts strong Q1, scales back expected TLAC issuance

LONDON, May 4 (IFR) - HSBC expects to issue less loss-absorbing debt than it forecast this year and sees overall issuance at the low end of previous guidance, helped by new guidance from the UK regulator on what is required.

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

BRIEF-Impact Healthcare completes acquisitions and presses ahead with IPO plans

* Has completed acquisition of core seed portfolio and Mulberry portfolio for a total consideration of £148,754,000

from Reuters: New Issues News http://ift.tt/2pb2X1Z

Olayan family plans to list its Saudi business - sources

RIYADH, May 3 (Reuters) - The Olayan family, which controls one of Saudi Arabia's largest conglomerates, is considering listing at least 30 percent of its Saudi business in a sale that could value the company at several billion dollars, banking sources say.

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

Kuwait Energy seeks premium listing on LSE

LONDON, May 3 (Reuters) - Oil and gas firm Kuwait Energy said on Wednesday it is seeking a premium listing on the London Stock Exchange in a bid to fund growth across the Middle East and North Africa.

from Reuters: New Issues News http://ift.tt/2p7bOlw

Saudi British Bank could issue dollar bond this month - sources

RIYADH, May 2 (Reuters) - HSBC-controlled Saudi British Bank (SABB) is in discussions with lenders over a U.S. dollar-denominated bond issue that could come as early as this month, banking sources familiar with the matter said on Tuesday.

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