Edition:
United Kingdom

Abhinav Ramnarayan

UPDATE 1-Sovcombank readies rare Russian IPO for first half 2020 – sources

17 Feb 2020

MOSCOW/LONDON, Feb 17 Sovcombank is preparing a stock market listing in the first half of this year, sources familiar with the matter told Reuters, in a sign of a potential revival in the Russian IPO market weighed down by international sanctions in recent years.

Smart meter company Calisen gains 4% on London debut

07 Feb 2020

LONDON British smart meter company Calisen gained 4% on its stock market debut on Friday, providing encouragement for other companies eyeing a London listing after a bruising 2019.

UPDATE 1-Greece's Alpha Bank set to price Tier 2 bond at yield of 4.25%

06 Feb 2020

LONDON, Feb 6 Strong demand allowed Greece's Alpha Bank to set a final guide price on its debut Tier 2 bond issue at 4.25% on Thursday, nearly half the level at which peers priced similar deals in 2019.

UPDATE 1-LVMH set to raise $10 bln-plus from bond markets for Tiffany deal

05 Feb 2020

LONDON, Feb 5 Louis Vuitton owner LVMH is poised to raise a larger than expected 9.3 billion euros ($10.2 billion) from bond markets on Wednesday to help to finance its purchase of U.S. jeweller Tiffany & Co..

RPT-Italian renaissance: more banks to join in bond boom

04 Feb 2020

LONDON/MILAN, Feb 3 More Italian banks are set to line up to sell high-risk debt in the coming weeks, taking advantage of a booming bond market and investors' new-found confidence in what has been a troubled corner of Europe's financial sector.

Italian renaissance: more banks to join in bond boom

03 Feb 2020

LONDON/MILAN, Feb 3 More Italian banks are set to line up to sell high-risk debt in the coming weeks, taking advantage of a booming bond market and investors' new-found confidence in what has been a troubled corner of Europe's financial sector.

Investors build war chests to buy bonds of distressed European companies

24 Jan 2020

LONDON Years into a bond market bull-run, investors are banking on a brighter future for funds that buy the debt of financially troubled European companies whose bonds are offering meatier returns because they are more risky.

Divisive 'dividend recap' deals return in red hot debt market

22 Jan 2020

LONDON Two buyout firms are raising debt this week at companies they own to pay themselves dividends, using a deal structure criticized by some investors as putting short-term rewards ahead of long-term business interests.

Divisive 'dividend recap' deals return in red hot debt market

22 Jan 2020

LONDON, Jan 22 Two buyout firms are raising debt this week at companies they own to pay themselves dividends, a move criticised by some investors as putting short-term rewards ahead of long-term business interests.

RPT-Banks lobby Aramco for incentive fee after slim IPO pickings -sources

14 Jan 2020

DUBAI/LONDON, Jan 13 Global banks who worked on Saudi Aramco's record initial public offering are pushing for an additional "incentive fee", three sources familiar with the matter said, as they try to boost relatively low earnings from the deal.

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