IPOs

U.S. sells $35 bln 5-year notes to solid demand

NEW YORK, April 28 - The U.S. Treasury Department on Tuesday sold $35 billion in five-year government securities to solid demand, bringing their yield to 1.380 percent, the lowest level since January, Treasury data showed.

Cyprus sells bonds as Greece struggles with euro zone future

* Greek debt yields near highest since 2012 restructuring (Adds central bank governor, updates yields.)

9:14pm IST

Cyprus sells bonds as Greece struggles with euro zone future

* Greek debt yields near highest since 2012 restructuring (Updates with details of planned sale)

5:41pm IST

Advent's perfume chain Douglas attracts takeover interest-sources

FRANKFURT, April 28 - Buyout group Advent has attracted interest from strategic buyers and private equity groups for Douglas as it prepares a potential 3 billion euro ($3.28 billion) flotation of the German perfume retail chain, two sources familiar with the matter said.

UPDATE 1-LeapFrog leads $45 mln investment in Indonesia's Reliance Capital

JAKARTA, April 28 - Private equity firm LeapFrog Investments is leading a $45 million investment in Indonesian financial services provider Reliance Capital Management with the intention of taking it public, a senior executive told Reuters.

MIDEAST DEBT-Gulf banks tighten credit for small firms as cheap oil bites

* Borrowers' market remains for bigger and state-linked firms

2:19pm IST

Toyota to issue 'Model AA' class shares for longer-term investors

TOKYO, April 28 - Toyota Motor Corp said on Tuesday that it plans to issue "Model AA" class shares for medium to long-term investors, as it aims to raise capital for a business cycle that requires longer-term product planning and development.

Regulatory News 1:16pm IST

Interactive Data Corp owners plan sale or IPO-source

April 27 - Private equity owners of Interactive Data Corp plan to appoint financial advisers over the next few weeks to explore a sale or an initial public offering, a person familiar with the matter told Reuters.

Commerzbank's books for 1.4 bln euro share sale covered - source

April 27 - Commerzbank's books are covered for its share sale launched on Monday to raise 1.4 billion euros ($1.52 billion) from institutional investors, a source familiar with the matter told Reuters.

Regulatory News 1:25am IST

Echo Logistics builds flexibility for acquisition

NEW YORK, April 27 (IFR) - Provisional financing tied to an acquisition is straightforward on corporate bonds or loans - 101 soft call, but less so on convertible bonds, given that the value of the security is tied to the underlying share price. If a target acquisition closes, the acquirer's stock is likely to do little; if it does not, its stock is at risk of a precipitous decline.

Regulatory News, 1:13am IST