EURO BONDS-Tate & Lyle, UnityMedia, Hera, WestImmoBank
LONDON |
LONDON Nov 16 (Reuters) - News, details on corporate bond issues in the European markets on Monday:
TATE & LYLE (TATE.L)
Mandate: plans new 10-year bond as part of a liability management exercise, as reported by IFR Markets, a Thomson Reuters online news and market analysis service.
Managing banks: Barclays Capital, RBS
UnityMedia <LBTYA.O >
Mandate: plans 1.9 billion euros multi-tranche issue.
Yield guidance: 8.5 percent area on the dollar and euro tranches of the senior secured 8-year (non-callable 3), and 10 percent area on the senior unsecured 10-year, according to IFR Markets.
Managing banks: Credit Suisse, Deutsche Bank, Goldman Sachs, JP Morgan
Ratings (Senior Secured): Moody's B1, S&P BB-
Ratings (Senior Unsecured: Moody's B3, S&P B-
HERA SpA (HRA.MI)
Mandate: plans a euro denominated benchmark after meeting European investors Nov. 20 - Nov 25, said an official at one of the banks managing the sale.
Managing banks: BoA Merrill Lynch, SG CIB
Ratings: Moody's A2, S&P A-
Westdeutsche Immobilienbank
Mandate: plans a 3.5 year mortgage pfandbrief fixed rate euro benchmark said an official at one of the banks managing the sale. The deal will be launched in the near future subject to market conditions.
(London Corporate Finance: +44 207 542 8389)
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