EURO BONDS-Nationwide RMBS, Phoenix, Campofrio, Maersk
LONDON |
LONDON Oct 23 (Reuters) - News, details on bond issues in the European markets on Friday:
NATIONWIDE BUILDING SOCIETY (POB_p.L)
Issue: Expected pricing date has been delayed to Tuesday from Thursday initially for first public RMBS from Silverstone Master Trust, said sources close to the deal.
Total size expected at 3.5 billion pounds ($5.83 billion), including two five-year floating-rate notes at 1.25 billion sterling and 1.5 billion sterling and a fixed-rate seven tranche of 300 million pounds, other sources with knowledge of the deal said.
Spread guidance: three-month Libor for 1.5 bln FRN and mid-swaps plus 150 basis points area for seven-year.
Managing banks: JP Morgan, Barclays Capital and Citi
PHOENIX NATURAL GAS
Issue: plans a 275 million pound bond with maturity between eight and 10 years plus an 80 million pound three-year revolving credit facility after roadshow in London and in Scotland on Friday, said an official at one of the banks managing the sale.
Managing banks: Barclays and Royal Bank of Scotland
CAMPOFRIO FOOD GROUP (CPF.MC)
Issue: 500 million euro, 7-year senior unsecured bonds, non-call for four years, pricing expected on Friday, said an official at one of the banks managing the deal.
Yield guidance: 8.5 percent
Managing banks: Deutsche Bank and Royal Bank of Scotland
Rating: B1 Moody's, B+ preliminary S&P
ACHMEA HYPOTHEEKBANK
Issue: Plans 2 billion euro 5-year note to refinance existing mortage portfolio. Issue is part of the Dutch state's credit guaranteed scheme, the bank said. [ID:nLN230963]
A.P. MOLLER MAERSK (MAERSKb.CO)
Issue: Debut benchmark 5-year euro bond, the company said. [ID:nDKT004674] Final size at 750 million euros and pricing expected later on Friday, IFR reported.
Final guidance: mid-swaps plus 205 basis points, refined from initial levels of plus 205-210 basis points, IFR said.
Managing banks: Danske, JP Morgan, HSBC, ING, Nordea
Ratings: Unrated
NYKREDIT REALKREDIT
Mandate: Nykredit Realkredit is planning a euro-denominated Tier 1 deal, reports IFR Markets.
Managing banks: Citi, Goldman Sachs, Nykredit, UBS
Senior ratings: A1 Moody's, A+ S&P
AREVA CEPFi.PA - PRICED
Mandate: 750 million euro 10-year deal, reports IFR Markets, a Thomson Reuters online news and market analysis service.
Spread guidance: Mid swaps plus 85-90 basis points
Managing banks: BNP Paribas, Detusche Bank, Natixis
Ratings: A S&P
(London Corporate Finance: +44 207 542 8389) ($1=.6006 Pound)
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