Mon Jan 17, 2011 4:34am EST
LONDON, Jan 17 (IFR) - Here are details on syndicated bond
issues in the European market on Monday:
MANDATE: Credito Valtellinese Names Leads For 2yr Senior FRN
LONDON, Jan 17 (IFR) - Credito Valtellinese (PCVI.MI), rated
A3/A-, is preparing a 2-year senior, unsecured FRN via Banca
IMI, Barclays and Natixis . Indications of Interest are being
taken with pricing expected later today.
MANDATE: Swissport Plans CHF750-equiv High Yield CHF/USD
LONDON, Jan 17 (IFR) - Swissport SWISSPORT.TZ plans to
raise CHF750-equivalent via a 7NC3 high-yield bond, which will
be denominated in dollars and Swiss francs, left lead Citi said.
Investor meetings kick-off in Switzerland on Tuesday, moving
onto London on Wednesday and the United States on Thursday and
Friday and continental Europe early next week. Proceeds will
back the purchase of Swissport, the world's largest passenger
and handling company, from Spanish infrastructure group
Ferrovial by private equity group Pai Partners.
UPDATE: Banco Popolare Taking IOIs on 3yr OBG
LONDON, Jan 17 (IFR) - Banco Popolare (BAPO.MI) SC, rated
Aaa/AAA by Moody's and Fitch for covered bonds, has started
takinging IOIs for its forthcoming three year benchmark OBG
Italian covered bond, led by Banca Aletti, Commerzbank, Natixis,
RBS and UBS.
UPDATE: Anglian Water To Bring Holdco Style High-Yield Bond
LONDON, Jan 17 (IFR) - British utility Anglian Water
[AWGEOW.UL] will kick off a roadshow later this week for a
senior secured sterling denominated note, which will be issued
out of its Osprey financing unit, lead managers said.
MANDATE: Credit Mutuel Arkea Names Leads For EUR795m FRN
LONDON, Jan 17 (IFR) - Credit Mutuel Arkea [CCMSOC.UL],
rated A+ by S&P, has mandated BoA Merrill Lynch, DZ Bank and
Arkea (co-lead) as leads on its forthcoming EUR795m senior,
unsecured FRN due 02 July 2012. Bookbuilding is underway at
initial guidance in the 3mE +85bp area, with pricing expected
later today.
MANDATE: Nestle Names TD for AUD150 +5.5pct 5-yr
Source: Reuters.Com
