EURO BONDS-Delta Lloyd RMBS, BAA, SA NOSTRA, West Bromwich
LONDON, Dec 1 (Reuters) - News, details on corporate bond issues in the European markets on Tuesday:
BAA [FERBF.UL] - priced [ID:nGEE5B024R]
Issue: British airports operator plans a sterling 30-year inflation-linked bond, as reported by IFR Markets, a Thomson Reuters online news and market analysis service.
Guidance: Gilts plus 280-285 basis points. Books have closed.
Managing banks: HSBC, Royal Bank of Canada, Royal Bank of Scotland, BBVA, BNPP, Calyon, Caja Madrid, Citi and Santander.
DELTA LLOYD (DLL.AS)
Issue: 904.5 million-euro ($1.36 billion) prime RMBS originated by Delta's Amstelhuys unit, said lead manager Royal Bank of Scotland.
An A1 tranche is 189 mln euros with a 2-year weighted average life and a second A2 tranche is 643.5 mln euros with a 4.9-year weighted average life.
All other tranches will be retained by the issuer.
Underwriters: Natixis, Rabobank and Royal Bank of Scotland.
Ratings: Both tranches rated Triple A by Moody's and S&P.
SA NOSTRA [CAJLB.UL]
Issue: The Spanish savings bank plans a 5-year government-guaranteed euro bond, IFR reported. Launch is expected in the near future.
Managing banks: ACF, Calyon and La Caixa.
WEST BROMWICH BUILDING SOCIETY(WBS_p.L) - priced [ID:nGEE5b022V]
Issue: plans sterling government-guaranteed April 2012 bond, as reported by IFR Markets, a Thomson Reuters online news and market analysis service.
Guidance: mid-swaps plus 10 basis points area.
Managing banks: Royal Bank of Scotland.
($1=.5996 pounds) (Reporting by London Corporate Finance unit; Editing by Greg Mahlich) ((Tel +44 207 542 8389))
