IPOs

UPDATE 1-Market Chatter-Corporate finance press digest

Jan 29 - The following corporate finance-related stories were reported by media:

Market Chatter- Corporate finance press digest

Jan 29 - The following corporate finance-related stories were reported by media:

Regulatory News 9:52am IST

World Bank breaks new ground in Kauri market

SYDNEY, Jan 29 (IFR) - The International Bank for Reconstruction and Development extended the Kauri market's rapid start to the year with Wednesday's record-breaking NZ$800m (US$586m) five-year print.

Regulatory News, 9:51am IST

UPDATE 2-Puerto Rico aims to insure $500 mln of $2 bln bond deal -sources

SAN JUAN, Jan 28 - Puerto Rico is negotiating with at least two bond insurers to insure around $500 million of a planned $2 billion bond issue, which would extend the appeal of the sale beyond the hedge funds currently buying the U.S. commonwealth's debt, according to two sources close to the process.

Regulatory News 4:27am IST

CORRECTED-Puerto Rico aims to insure $500 mln of $2 bln bond deal -sources

NEW YORK, Jan 28 - Puerto Rico is negotiating with at least two bond insurers to insure around $500 million of a planned $2 billion bond issue, a move that would extend the appeal of the sale beyond the hedge funds currently buying the U.S. commonwealth's debt, according to two sources close to the process.

Regulatory News 3:10am IST

BUYOUTS-WL Ross & Co reimburses LPs after fee offset 'miscalculated'-sources

NEW YORK, Jan 28 (Buyouts Magazine) - WL Ross & Co said it has reimbursed investors in its fifth flagship fund after it "changed the methodology" of how it calculates certain fee offsets - a change some sources characterized as correcting a miscalculation.

Citgo offering $1.5 bln in bonds, 10-11 pct yield -IFR

HOUSTON, Jan 28 - Citgo Petroleum, a unit of Venezuela's refining company in the United States, is offering $1.5 billion in bonds maturing in 2020 with a 10 percent to 11 percent yield, according to sources consulted by Thomson Reuters IFR.

Regulatory News 28 Jan 2015

UPDATE 2-Shareholders approve Reynolds' acquisition of Lorillard

Jan 28 - Camel cigarettes maker Reynolds American Inc's shareholders approved its $25 billion acquisition of Newport menthol cigarette maker Lorillard Inc, a deal that would combine the No.2 and No.3 U.S. cigarette companies.

Regulatory News, 28 Jan 2015

BRIEF-Imperial Tobacco says shareholders approve acquisition

* Ordinary resolution to approve acquisition, as set out in notice of general meeting contained in circular sent to shareholders dated 15 December 2014, was duly passed on a poll

Regulatory News, 28 Jan 2015

Progress Residential bests Blackstone with new SFR bond

NEW YORK, Jan 28 (IFR) - Progress Residential surprised the market last week by pricing its new SFR bond tighter than those of established rivals, in another sign of the asset class's growing popularity.