IPOs

UPDATE 2-Insurer Saga could announce $5 bln London listing next week

LONDON, April 23 - British over-50s insurer Saga is planning to announce its intention to float next week in a London stock market debut that could value the company at 3 billion pounds ($5.1 billion), two sources familiar with the matter said on Wednesday.

Lloyds' costs, integration expert Fisher to leave

LONDON, April 23 - Lloyds Banking Group's director of operations, Mark Fisher, is leaving the bank after five years overseeing its integration of HBOS, the separation of more than 600 branches and a major cost-cutting programme.

Financials 23 Apr 2014

UK insurer Saga planning intention to float next week for $5 bln IPO - sources

LONDON, April 23 - British insurance company Saga is planning to announce its intention to float next week in a London stock market debut that could value the company at 3 billion pounds ($5.1 billion), two sources familiar with the matter said on Wednesday.

CORRECTED-UPDATE 1-UK's Card Factory plans estimated 1 billion pounds London listing

(Corrects to remove reference to the non-executive chairman as one of the senior managers that could sell shares)

Dubai to sell 15-yr benchmark sukuk on Tues - leads

DUBAI, April 22 - The government of Dubai plans to sell a benchmark-sized sukuk with a lifespan of 15 years on Tuesday, a document from lead managers said.

Financials 22 Apr 2014

UK's Card Factory plans London listing

LONDON, April 22 - British greeting cards retailer Card Factory plans to list its shares on London's stock market in May, joining a spate of store groups seeking flotations as the outlook for consumer spending improves.

Rosneft to sell 2 mln T of oil to BP for up to $1.5 bln -filing

MOSCOW, April 21 - The board of Russia's top oil producer, Rosneft, has approved deals to sell more than 2 million tonnes of crude oil, worth more than $1.5 billion, to BP, the Kremlin-controlled company said in a regulatory filing on Monday.

21 Apr 2014

Shipping firms turn to equity markets as sector eyes recovery

LONDON, April 17 - Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector recovering from its worst downturn since the 1980s.

BRIEF-Co-op Group prices 50 mln euros first mortgage debenture stock due 2018

* Announces pricing details of its invitation to holders of 50,000,000 7.625 percent first mortgage debenture stock due 2018

Financials 17 Apr 2014

UPDATE 2-Lloyds Bank buys back private investors' ECN bonds

* Investors agree to sell bonds worth nominal 58.5 mln stg

Financials 17 Apr 2014