EURO BONDS-EDF, Banco Popolare, Allied Irish, Caja Madrid

Thu Nov 5, 2009 12:44pm EST
 
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LONDON, Nov 5 (Reuters) - News, details on corporate bond issues in the European markets on Thursday:

EDF (EDF.PA)

Issue: Expected to price Friday with an expected size of 900 million pounds split approximately equally into 3 tranches. Funds will be used to provide staple financing for EDF's 3 UK businesses. Maturities on the notes are 7, 22 and 27 years.

Managing banks: Barclays, BNP Paribas, Deutsche Bank and Morgan Stanley

BANCO POPOLARE SOCIETA COOPERATIVA (BAPO.MI)

Issue: plans Lower Tier 2 fixed-rate euro-denominated bond maturing in 2016, with pricing expected later in the day, said IFR Markets, a Thomson Reuters online news and market analysis service.

Managing bank: Goldman Sachs

Subordinated rating: Moody's A3, S&P BBB+, Fitch BBB+

ALLIED IRISH BANKS (ALBK.I)

Issue: 5-year senior benchmark euro bond, as reported by IFR Markets, a Thomson Reuters online news and market analysis service.

Managing banks: Credit Suisse, Deutsche Bank, HSBC and JP Morgan.

Ratings: Moody's A1, S&P A, Fitch A-

  Continued...

 

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