Do More With Reuters
Partner Services

EURO BONDS-Virgin Media, Landesbank Berlin, DEXMA, OP Mortgage

Tue Nov 3, 2009 11:35pm IST
 
Email | Print | | Single Page
[-] Text [+]

LONDON, Nov 3 (Reuters) - News, details on corporate bond issues in the European market on Tuesday:

VIRGIN MEDIA (VMED.O: Quote, Profile, Research)

Issue: The British entertainment company plans a 500 million pound ($818 million) equivalent 10-year bond issue, an official at one of the banks managing the sale said.

Managing banks: BNP Paribas, Deutsche Bank, Calyon, Goldman Sachs, HSBC, JP Morgan and Royal Bank of Scotland

Coupon guidance: 8.75% area on dollar tranche, 9.25% area on sterling piece. Books to close on Wednesday, pricing expected in the afternoon.

Ratings: Moody's B2, S&P B

LANDESBANK BERLIN (BEBG.DE: Quote, Profile, Research)

Issue: Lower Tier 2 euro bond issue, expected as a 10-year bullet, after roadshows next week in Frankfurt, Munich, Zurich and the Netherland, as reported by IFR Markets, a Thomson Reuters online news and market analysis service.

Managing banks: BNP Paribas, Deutsche Bank and HSBC  Continued...

India Investment Summit 2009
India Investment Summit 2009

Top executives and bankers discuss their own plans and the broader opportunities and challenges for India during the Reuters India Investment Summit in Mumbai and Bangalore.  Full Coverage | Blog 

Hugh Hefner
PLAYBOY SALE
An icon bows to changing times

With his Playboy Enterprises in talks to be sold for about $300 million, the 83 year-old Hugh Hefner will be giving up control over the iconic adult entertainment empire he founded that was instrumental in shaping society's opinions on nudity, sex and free speech.  Full Article 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

SPECIAL REPORT

Himangshu Watts
India's food dilemma

Indian farms are failing to attract capital or talent, either from rich landlords or the students who graduate from agricultural universities.  Full Article | Related Story 

showcase

U.S. Recession
U.S. Recession

A trip through the epicenters of the American recession.  Full Coverage 

 
Central Banks Cautious
Central Banks Cautious

Reuters tracks the policies of the world's top central banks as the debate over global economic recovery rages on.   Full Coverage 

 
T P Raman
Column - RBI leads the world

Reserve Bank of India's approach ring-fenced the banking system.   Full Article 

 
Funding Blues
Funding Blues

A popular tactic used by Indian brokerages to raise money for rich clients is likely to be banned.  Full Article 

 
Not Enough Jobs
Not Enough Jobs

Venture capital creates jobs, but not enough.  Full Article 

 
Column - A Sweet Dream
Column - A Sweet Dream

There are good reasons for Ferrero to consider a combination with Cadbury.  Full Article