EURO BONDS-Banca dell Marche, WestLB
LONDON |
LONDON Feb 19 (Reuters) - News, details on corporate bond issues in the European markets on Friday:
BANCA DELLE MARCHE [BDELL.UL]
Issue: Plans a two-year floating-rate note with an expected size of 300 million euros, as reported by IFR Markets, a Thomson Reuters online news and market analysis service.
Spread guidance: three-month Euribor plus 100 basis points area
Managing banks: Banca IMI, Natixis and Royal Bank of Scotland
Ratings: Moody's A3
WESTLB WDLGgi.F
Mandate: The German bank plans a 1 billion euro 5-year public sector covered bond, which will be launched in the near future subject to market conditions, an official at one of the banks managing the sale said.
Guidance: mid-swaps plus 20 bps area, IFR reported
Managing banks: Barclays, Credit Agricole, Commerzbank, UBS and WestLB.
(London Corporate Finance: +44 207 542 8389)
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