Edition:
United States

Abhinav Ramnarayan

Banks gear up for high-risk debt sales in `once in a lifetime' market

Sep 18 2019

LONDON Banks are set to ramp up their sale of high-risk debt to investors desperate for new ways of bolstering their profits as rock-bottom interest rates hit their portfolios.

EQT sets price range for 1.2 billion-1.3 billion euro Stockholm share listing

Sep 12 2019

LONDON Swedish private equity firm EQT unveiled the price range on Thursday for the shares it will list on the Stockholm bourse to raise up to 1.3 billion euros ($1.44 billion) for overseas expansion.

Investors ignore 'Corbyn risk' to grab UK power grid debt

Sep 10 2019

LONDON Britain's National Grid Electricity Transmission (NGET) drew heavy demand with its 700 million pounds ($864 million) bond issue on Monday, as investors rushed to grab the low yield despite nationalisation worries.

RPT-Investors ignore "Corbyn risk" to grab UK power grid debt

Sep 10 2019

LONDON, Sept 9 Britain's National Grid Electricity Transmission (NGET) drew heavy demand with its 700 million pounds ($864 million) bond issue on Monday, as investors rushed to grab the low yield despite nationalisation worries.

UPDATE 3-RBS may face new PPI hit of up to 900 million pounds

Sep 04 2019

LONDON, Sept 4 Britain's Royal Bank of Scotland may have to shell out a further 900 million pounds ($1.1 billion) to settle a final compensation bill for mis-selling payment protection insurance after a last-minute surge in customer claims.

Swiss firms Selecta, SoftwareONE eye September IPO launches: sources

Sep 04 2019

FRANKFURT/LONDON Swiss firms Selecta and SoftwareONE are expected to both launch initial public offerings this month to raise at least 1 billion Swiss francs ($1.03 billion) each, several sources with knowledge of the transactions said.

Positive yields ahoy! Investors hoover up European junk bond issues

Sep 03 2019

(The September 2 story corrects spelling of Colin Harte's name in paragraph 12.)

Lloyds Banking Group lands $4.5 billion Tesco Bank mortgage portfolio

Sep 03 2019

LONDON Lloyds Banking Group has agreed to buy Tesco Bank's 3.7 billion pounds ($4.54 billion) UK residential mortgage portfolio, in a move likely to consolidate its dominance of Britain's ultra-competitive market for home loans.

Positive yields ahoy! Investors hoover up European junk bond issues

Sep 02 2019

LONDON Junk-rated firms Smurfit Kappa and Thyssenkrupp were overwhelmed with demand when they kicked off post-summer proceedings for the European high-yield market on Monday, as yield-starved investors piled into the new issues.

Positive yields ahoy! Investors hoover up European junk bond issues

Sep 02 2019

LONDON, Sept 2 Junk-rated firms Smurfit Kappa and Thyssenkrupp were overwhelmed with demand when they kicked off post-summer proceedings for the European high-yield market on Monday, as yield-starved investors piled into the new issues.

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