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IPOs

Lloyds bank shares reach break-even point for UK government sale

LONDON, May 25 Shares in Britain's state-backed Lloyds Banking Group rose above the level the government paid for them for the first time in 5 months on Wednesday, raising speculation the state will sell off stock to repay taxpayers who funded a bailout eight years ago.

UPDATE 3-Russia raises $1.75 bln in first Eurobond since sanctions imposed

* Sanctions uncertainty put off some big players (Adds finance minister's statement, analysts' quotes)

Bonds, Regulatory News 24 May 2016

UPDATE 1-UK waste manager Shanks considers bid for Van Gansewinkel

May 24 Britain's Shanks Group Plc is considering a bid for Van Gansewinkel Groep BV, Benelux's largest waste management company, for an undisclosed sum, the companies said.

UPDATE 2-HSBC brushes off Brexit noise to market US dollar AT1

LONDON, May 24 (IFR) - HSBC is marketing a US dollar Additional Tier 1 deal, the first from a UK bank this year and with the UK's EU referendum less than a month away.

Bankruptcy 24 May 2016

HSBC starts marketing US dollar AT1

LONDON, May 24 (IFR) - HSBC has started marketing a US dollar perpetual non-call five Additional Tier 1 bond, according to the bank.

Bankruptcy 24 May 2016

UPDATE 1-Czech unions join investors to bid for insolvent NWR arm

PRAGUE, May 23 Czech miners' unions have teamed up with lignite mine owner Pavel Tykac and another investor to make on offer for New World Resources' insolvent mining subsidiary OKD, the unions said on Monday.

M&A, Bankruptcy 23 May 2016

Amsterdam IPO market gains as London holds breath for Brexit vote

LONDON/AMSTERDAM, May 20 A slowdown in company listings in London due to uncertainty around the upcoming Brexit referendum could be helping European rival Amsterdam's stock market, which has seen a rise in activity this year.

Global Market Data, 20 May 2016

Ryanair concentrating on cash, could be debt free by 2023-CFO

DUBLIN, May 19 Ryanair plans to finance itself through cash generation in the coming months and if it continues to do so, could be debt free by 2023 when 1.7 billion euros ($1.90 billion) of recent debut bond issuance matures, its finance chief said on Thursday.

19 May 2016

BP taps debt market to raise 400 mln pounds in convertibles

LONDON, May 19 BP intends to raise 400 million pounds ($583 million) by issuing cash-settled convertible bonds, it said on Thursday.

19 May 2016

UPDATE 1-3i reports robust results, says Brexit uncertainty to dampen M&A activity

LONDON, May 19 British private equity firm 3i Group Plc on Thursday reported a 17 percent increase in its net asset value year-on-year to 4.5 billion pounds ($6.56 billion) and said uncertainty over Britain's referendum on the European Union would hit M&A activity and investment.