DIARY - Italy to July 31

Inclusion of diary items does not necessarily mean that Reuters will file a story based on the event.

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

Gambling group Flutter raises 812 million pounds in share placement

Paddy Power, Betfair and Poker Stars owner Flutter Entertainment has raised 812 million pounds via a share placement that will see U.S. media group Fox Corp increase its investment in the world's largest online betting group.

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

UPDATE 1-Fox Corp increases investment in gambling group Flutter via share placement

Paddy Power and Betfair's parent Flutter Entertainment announced a share placement on Thursday that will see U.S. media group Fox Corp increase its investment in the group.

from Reuters: New Issues News https://ift.tt/2zI0S8r

EasyJet not planning equity raise, doesn't rule it out in future-CEO

Britain's easyJet is not planning on raising new equity currently but its chief executive did not rule it out in future as the low-cost airline seeks to survive the coronavirus pandemic which has wiped out air travel.

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

DIARY - Italy to June 30

Inclusion of diary items does not necessarily mean that Reuters will file a story based on the event.

from Reuters: New Issues News https://ift.tt/2XD0zDG

DIARY - Italy to June 30

Inclusion of diary items does not necessarily mean that Reuters will file a story based on the event.

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

DIARY - Italy to June 30

Inclusion of diary items does not necessarily mean that Reuters will file a story based on the event.

from Reuters: New Issues News https://ift.tt/2zmeZ2T

Egypt gets over $12 bln in orders for three-tranche bonds, tightens guidance - document

Egypt tightened its price guidance on three-tranche dollar bonds it began marketing on Thursday and has received more than $12 billion in orders for the debt sale, a document showed.

from Reuters: New Issues News https://ift.tt/2zT2zzI

UPDATE 2-Premier Inn owner Whitbread's $1.2 bln cash call knocks shares

Shares in Premier Inn owner Whitbread Plc tumbled 16% on Thursday after it said it would seek 1.01 billion pounds ($1.2 billion) in fresh cash from shareholders to help weather the COVID-19 crisis.

from Reuters: New Issues News https://ift.tt/3e6WJJS

DIARY - Italy to June 30

Inclusion of diary items does not necessarily mean that Reuters will file a story based on the event.

from Reuters: New Issues News https://ift.tt/2LPlD4h

Idorsia raises $340 mln in new share offering

Idorsia has raised 330 million Swiss francs ($340.31 million) from a share offering, the Swiss drugmaker said on Wednesday, as it bolsters its coffers for the planned launch of an insomnia drug and for research and development.

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

UPDATE 4-Compass raises 2 billion pounds as pace of recovery in question

* Shares fall as much as 11% (Updates with final pricing, analyst comment)

from Reuters: New Issues News https://ift.tt/2zU2R9e

UPDATE 3-Compass shares drop as it seeks cash to cope with crisis

* Shares fall as much as 11% (Updates with indications on issue price, deeper share falls)

from Reuters: New Issues News https://ift.tt/2ZpfpA6

UPDATE 2-Britain's Compass launches equity offer as lockdowns hit caterer

* Shares fall as much as 4.8% (Adds CEO quotes from interview, shares, background)

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

UPDATE 1-Compass launches 2 bln pound equity raise as lockdowns hit caterers

The world's largest caterer Compass Group launched a 2 billion pound ($2.44 billion) share offer on Tuesday, seeking to shore up its liquidity as the coronavirus crisis closes food service operations in thousands of offices and schools.

from Reuters: New Issues News https://ift.tt/2X8xf83

Compass launches 2 bln pound equity raise as lockdowns hit caterers

The world's largest caterer Compass Group launched a 2 billion pound ($2.44 billion) share offer on Tuesday, seeking to shore up its liquidity as the coronavirus crisis continues to keep many of its food service operations in offices and schools closed.

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

MIDEAST DEBT-First Abu Dhabi Bank faces pressure to redeem AT1 bonds - sources

First Abu Dhabi Bank (FAB), the UAE's largest lender, is likely to come under pressure to redeem $750 million in perpetual bonds in June, even though not calling them would be cheaper for the lender, five banking sources said.

from Reuters: New Issues News https://ift.tt/2z7EGUV

DIARY - Italy to June 30

Inclusion of diary items does not necessarily mean that Reuters will file a story based on the event.

from Reuters: New Issues News https://ift.tt/2WDD3qS

DIARY - Italy to June 30

Inclusion of diary items does not necessarily mean that Reuters will file a story based on the event.

from Reuters: New Issues News https://ift.tt/2Z4BdRv

DIARY - Italy to June 30

Inclusion of diary items does not necessarily mean that Reuters will file a story based on the event.

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

UPDATE 2-Premier Oil in talks with BP to cut price for North Sea oilfields

Premier Oil is asking BP to cut the sale price of two North Sea oilfields in a proposed $625 million deal due to weak oil prices, Chief Executive Tony Durrant said on Wednesday.

from Reuters: New Issues News https://ift.tt/2LkQ3vg

UPDATE 1-Premier oil expects to be cash flow neutral in 2020

Oil and gas producer Premier Oil said on Wednesday that it expects to be free cash flow neutral this year due to weak oil prices, adding it would engage with stakeholders over extending debt maturities and raising equity.

from Reuters: New Issues News https://ift.tt/3dF1IB5

UPDATE 3-Mubadala sells $4 bln in three-tranche bonds

* Pricing tightened by 40-42.5 bps from initial guidance (Adds launch, final pricing, demand, background)

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

Mubadala launches $4 bln in three-tranche bonds - document

Abu Dhabi's state fund Mubadala launched $4 billion in a three-tranche bond issuance on Tuesday, for which it received more than $23.5 billion in orders, a document from one of the banks leading the issuance showed.

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

UPDATE 2-Mubadala expected to sell $3-4 bln of bonds, tightens price guidance -document

Abu Dhabi's state fund Mubadala is expected to sell $3 billion to $4 billion in a three-tranche bond offering having received more than $17 billion in orders for the deal, a document from one of the banks leading the issuance showed on Tuesday.

from Reuters: New Issues News https://ift.tt/2Z2sSO6

Mubadala expected to sell $3 bln - $4 bln in three-tranche bonds - document

Abu Dhabi's state fund Mubadala was expected to sell $3 billion to $4 billion in a three-tranche bond offering and has received more than $17 billion in combined orders for the deal, a document showed on Tuesday.

from Reuters: New Issues News https://ift.tt/2WSfjy6

Mubadala gets around $9.5 bln in orders for three-tranche bonds -sources

Abu Dhabi's state fund Mubadala has received around $9.5 billion in combined orders for its planned three-tranche dollar bond, two sources said on Tuesday.

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

DIARY - Italy to June 30

Inclusion of diary items does not necessarily mean that Reuters will file a story based on the event.

from Reuters: New Issues News https://ift.tt/3fFV7rN

Mubadala hires banks for three-tranche bond issue -sources

Abu Dhabi state fund Mubadala has hired banks for a potential three-tranche bond issue consisting of six and 10-year conventional bonds and 30-year dual-listed Formosa bonds, sources said on Monday.

from Reuters: New Issues News https://ift.tt/35Qejif

UPDATE 2-National Express raises $290 million in equity to ride out pandemic

Train and bus company National Express Group raised about 235 million pounds ($290.93 million) in new equity on Wednesday to help it ride out the COVID-19 pandemic.

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

MIDEAST DEBT-Gulf debt market shows signs of recovery as issuers line up

* Islamic Development Bank has hired banks for potential deal

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

UPDATE 2-Junk-rated Bahrain to brave markets with dollar bond issues

Bahrain has hired banks for a potential dual-tranche dollar bond issue, banking sources said, as the junk-rated Gulf oil producer seeks to raise cash amid the new coronavirus outbreak and historically low oil prices.

from Reuters: New Issues News https://ift.tt/35G3rTV

National Express plans equity raise to reinforce balance sheet

British transport firm National Express Group said on Wednesday it plans to raise equity of around 20% of its issued capital to shore up its balance sheet as it secured debt waivers through 2020 to help its business during the COVID-19 pandemic.

from Reuters: New Issues News https://ift.tt/2W8nesf

UPDATE 1-Insurer Hiscox to raise capital as premiums rise

Lloyd's of London insurer Hiscox on Tuesday said it would raise capital through a share placement to take advantage of a rise in premium rates.

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

Insurer Hiscox to raise capital via placement amid COVID-19 crisis

Lloyd's of London insurer Hiscox on Tuesday said it would raise capital through a share placement amid a potential hike in business interruption claims in the wake of the coronavirus crisis.

from Reuters: New Issues News https://ift.tt/2SE3E4Q