Edition:
United Kingdom

Abhinav Ramnarayan

Reinsurer Conduit rises 5% after pricing $1.1 billion London IPO

11:39am GMT

LONDON Reinsurer Conduit saw its shares rise 5% on its London market debut after pricing an 826 million pound ($1.1 billion) initial public offering (IPO) earlier on Wednesday.

UPDATE 1-UK Municipal Bonds Agency cancels planned sterling bond issue

01 Dec 2020

LONDON, Dec 1 The UK Municipal Bonds Agency, which raises funds in debt markets for local authorities, has cancelled a bond issue intended to raise funds for Warrington Council in northwest England, an official told Reuters.

French tycoon Xavier Niel could launch SPAC company next week - sources

27 Nov 2020

LONDON/PARIS French telecoms magnate Xavier Niel could launch a European special purpose acquisition company (SPAC) as early as next week in what would be Europe's first major so-called blank cheque company this year, two sources told Reuters on Friday.

Westfield mall owner turns to debt markets after rights issue rejection

25 Nov 2020

LONDON Shopping mall group Unibail-Rodamco-Westfield was set to raise 2 billion euros (1.8 billion pounds) in debt, according to a lead manager on Wednesday, weeks after a proposed 3.5 billion euro rights issue was blocked by shareholders.

Lufthansa to raise $1.2 billion from junk bond markets

24 Nov 2020

LONDON Lufthansa is set to raise 1 billion euros ($1.2 billion) through its first conventional bond issue since the onset of the coronavirus crisis, a lead manager said.

London steps up charm offensive for $4 billion Deliveroo listing: sources

18 Nov 2020

LONDON The London Stock Exchange and British government and banking officials have launched a charm offensive to persuade British online food delivery business Deliveroo to list in London early next year, three sources familiar with the matter told Reuters.

UPDATE 3-China lines up banks for record euro-denominated government bond sale

16 Nov 2020

LONDON, Nov 16 China has hired a fleet of banks for what is likely to be its biggest ever euro-denominated international bond sale, according to a note to investors seen by Reuters.

Aston Martin hikes yield on $1.1 billion junk bond sale to 10.5%

30 Oct 2020

LONDON British luxury carmaker Aston Martin has had to increase the yield on offer on a $1.1 billion junk bond sale to 10.5% to get the deal over the line, making it one of the highest-yielding bond issues in Europe this year.

RPT-Aston Martin tests skittish market with $1 billion junk bond sale

29 Oct 2020

LONDON, Oct 28 British luxury car maker Aston Martin is testing investor appetite for risky assets days before the U.S. election with a 840-million-pound ($1.1 billion) junk bond sale, one of the largest deals of its kind in Europe this year.

Aston Martin tests skittish market with $1 billion junk bond sale

28 Oct 2020

LONDON British luxury car maker Aston Martin is testing investor appetite for risky assets days before the U.S. election with a 840-million-pound ($1.1 billion) junk bond sale, one of the largest deals of its kind in Europe this year.

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