Shipping firms turn to equity markets as sector eyes recovery

LONDON, April 17 - Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector recovering from its worst downturn since the 1980s.

BRIEF-Co-op Group prices 50 mln euros first mortgage debenture stock due 2018

* Announces pricing details of its invitation to holders of 50,000,000 7.625 percent first mortgage debenture stock due 2018

17 Apr 2014

UPDATE 2-Lloyds Bank buys back private investors' ECN bonds

* Investors agree to sell bonds worth nominal 58.5 mln stg

M&A 17 Apr 2014

CORRECTED-Lloyds Bank says retail investors agree to bond buyback

LONDON, April 17 - Lloyds Banking Group said private retail investors had agreed to sell bonds worth a nominal 58.5 million pounds ($98.2 million) which had been issued to rescue the bank during the 2008/9 financial crisis.

17 Apr 2014

BRIEF-Skyepharma says receives 82 acceptances on open offer

* Valid acceptances have been received in respect of 46,285,487 open offer shares, representing a total of approximately 82 percent

17 Apr 2014

BRIEF-Fastjet to raise about 3.9 mln stg from placing

* Pleased to announce, further to announcement of April 10, an open offer of up to about 245.8 million new ordinary shares in capital of company

16 Apr 2014

UPDATE 2-Fairfax-led group to invest in Eurobank in bet on Greek turnaround

* Move shows Greece back on investor radar screens (Recasts with bailout fund picking Fairfax)

BRIEF-Sinclair Pharma makes $117 mln buy; proposes placing of 62.5 mln shares

* Acquisition agreement to purchase entire issued share capital of Silhouette for a total cash consideration of around $117million (£70.1 million) plus royalties

M&A 15 Apr 2014

UPDATE 2-Diageo bids $1.9 bln to take majority in India's United Spirits

* Diageo offers to buy up to 26 pct more of United Spirits

Punch Taverns says breaches debt covenant

April 15 - Troubled British pub company Punch Taverns Plc said it breached a debt covenant related to Punch A, one of its two securitisation vehicles, in the quarter ended March 1.