BNP Paribas
OpenCalais Metadata: Ticker
Greece announces new 5-year bond issue after 3-year exile
Greece on Monday invited holders of its 4.75 percent outstanding bonds maturing in 2019 to tender them for cash, along with a plan to offer new five-year paper, in its first bid to return to bond markets in three years.
Greece returns to bond markets (Upd)
Greece will return to bond markets, according to reports on Monday. The offers book is open for investors Monday and will remain so for 24 hours. The country invited holders of outstanding 4.75% 2019 bonds to tender them for cash in a switch offer. The government aims to draw €4.03bn at a rate below the 4.95% the previous government had borrowed at in 2014.
- Read more about Greece returns to bond markets (Upd)
- Log in to post comments
More firms licensed to manage bad loans
The Bank of Greece has licensed three more bad-loan management companies, taking the number of firms with such permits to seven.
The new licenses went to Alvarez & Marshal, Resolute Asset Management and UCI (a BNP Paribas subsidiary), while sources say that the list will soon extend to eight companies, as B2kapital is in the final stage of the licensing process.
- Read more about More firms licensed to manage bad loans
- Log in to post comments
Greek yields rise after banks hired for comeback bond sale
Yields on Greek government bonds rose on Thursday after IFR reported six banks had been hired to arrange Greece's first bond sale in over three years.
The Thomson Reuters market news and data service said late Wednesday Greece had mandated Bank of America Merrill Lynch, BNP Paribas, Citigroup, Deutsche Bank, Goldman Sachs and HSBC for a five-year issue. The banks declined comment.
Turkey poised to set new record on exports
Turkey is set to break a new record in terms of exports, the head of the country's exporters assembly has said, noting that the export industry has now begun displaying a positive trend following the upheaval after the July 2016 coup attempt.
- Read more about Turkey poised to set new record on exports
- Log in to post comments
Peugeot to buy GM's Opel, creating Europe's No. 2 carmaker
General Motors Co. is selling its loss-making European car business - including Germany's Opel and British brand Vauxhall - to French automaker PSA group.
Gov't to sound out next US administration at NY event
The 18th annual Greek Investor Forum takes place on December 12 at the Metropolitan Club of New York, organized by Capital Link in association with the New York Stock Exchange. Guest of honor at the event will be Wilbur Ross, senior financial adviser to the new president and future secretary of commerce.
Italy to send special mission of lenders to Iran
Italy will follow up on billions of euros of trade deals signed with Iran this year by sending a special mission to discuss how to fund and process them, Prime Minister Matteo Renzi said on April 13 in Tehran.
Speaking to industrialists on the second and last day of his visit, Renzi said some 50 agreements between Italian and Iranian companies "cannot remain on paper."
- Read more about Italy to send special mission of lenders to Iran
- Log in to post comments
Bulgaria Offers to Investors EUR 1.994 B of Bonds
Bulgaria is selling a EUR 1.994 B dual-tranche bond, Reuters reported on Monday, citing a lead manager.
The transaction comprises a EUR 1.144 B seven-year tranche and a EUR 850 M 12-year tranche, the newswire said.
- Read more about Bulgaria Offers to Investors EUR 1.994 B of Bonds
- Log in to post comments
European stocks slump on finance sector worries
European stock markets slumped on Feb. 8, giving up initial gains, as focus switched to the banking sector following recent poor earnings and persistent worries over China's economy, analysts said.
- Read more about European stocks slump on finance sector worries
- Log in to post comments