Tag Archives: debt

AXA Launches Tender Offer for Subordinated Notes in Debt Optimization Move

(IN BRIEF) AXA has initiated an any and all cash tender offer for two series of its subordinated notes, including the GBP 350,000,000 Fixed to Floating Rate Undated Deeply Subordinated Notes issued on July 6, 2006, and the GBP 723,925,000 … Read the full press release

Rock Road Secures Funding for 30 Fully Electric Buses in London with Help of DNV and Mayor’s Energy Efficiency Fund

(PRESS RELEASE) BÆRUM, 16-Jan-2023 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced the completion of the Technical Due Diligence for the Mayor of London’s Energy Efficiency Fund (MEEF), which is managed by Amber Fund Management … Read the full press release

Abertis French subsidiary Holding d’Infrastructures de Transport (HIT) successfully manages debt with €500M bond issue and interest rate hedging

(PRESS RELEASE) BARCELONA, 12-Jan-2023 — /EuropaWire/ — Abertis, the world leader in the management of toll roads and infrastructure and owned by Abertis Holdco SA, has announced that its French subsidiary Holding d’Infrastructures de Transport (HIT) has successfully placed an … Read the full press release

Barclays and StepChange research: rising cost of living leads to an increased popularity of Buy Now Pay Later (BNPL) purchases

Over a third of shoppers say ‘Buy Now Pay Later’ (BNPL) lending has become more appealing due to the current cost-of-living crisis BNPL users are now paying off 4.8 BNPL purchases on average – up from 2.6 in February this … Read the full press release

Étude Barclays et StepChange : la hausse du coût de la vie entraîne une popularité accrue des achats Buy Now Pay Later (BNPL)

Plus d’un tiers des acheteurs déclarent que les prêts “Buy Now Pay Later” (BNPL) sont devenus plus attrayants en raison de la crise actuelle du coût de la vie Les utilisateurs de BNPL remboursent désormais 4,8 achats BNPL en moyenne, … Read the full press release

Aviva: financial scams promoted by paid-for ads must be included in the Online Safety Bill

One in eight people (13%) have been the victim of a financial scam which related to coronavirus. Of those, two-thirds (66%) said their total debts increased over the last year. Aviva calls on government to include financial scams promoted by paid-for … Read the full press release

Saxo Bank releases its 10 Outrageous Predictions for 2021

(PRESS RELEASE) HELLERUP, Denmark, 8-Dec-2020 — /EuropaWire/ — Danish investment bank Saxo Bank announces the release of its 10 Outrageous Predictions for 2021. The predictions focus on a series of unlikely but underappreciated events which, if they were to occur, … Read the full press release

Huynh Buu Quang to lead Deutsche Bank’s expansion in Vietnam

(PRESS RELEASE) FRANKFURT, 18-Aug-2020 — /EuropaWire/ — One of the world’s leading financial service providers Deutsche Bank (ETR: DBK) has announced that Huynh Buu Quang, a respected Vietnamese banker, will be appointed as Acting Chief Country Officer (CCO) Vietnam, pending … Read the full press release

Generali’s new € 500 million subordinated bond attracted around 450 orders for more than € 6.5 billion, over 13 times the target size

(PRESS RELEASE) TRIESTE, 22-Jan-2019 — /EuropaWire/ — Generali today launched a subordinated bond with a 10 years bullet format targeting institutional investors for an overall amount of € 500 million. At the initial yield guidance of 4.625%, the issuance attracted around … Read the full press release

ERG S.p.A. finalised a programme for non-convertible medium/long-term bond issues for up to the overall maximum amount of Euro 1,000 million

GENOA, 20-Dec-2018 — /EuropaWire/ — ERG S.p.A. has today finalised a programme for non-convertible medium/long-term bond issues (Euro Medium Term Notes Programme – EMTN) up to the overall maximum amount of Euro 1,000 million, following the approval given by the Board … Read the full press release

AXA Investment Managers – Real Assets to acquire the management of $9.4 billion of U.S. commercial real estate loan mandates from Quadrant Real Estate Advisors

AXA Investment Managers – Real Assets and Quadrant Real Estate Advisors announce they have reached an agreement whereby AXA Investment Managers – Real Assets will acquire from Quadrant Real Estate Advisors one of its U.S. lines of business including a … Read the full press release

Allianz Real Estate reached 60.1 billion euros in assets under management at the end of June 2018

Worldwide diversification over asset classes, investment styles and structures drives assets under management to 60.1 billion euros at the end of June 2018 European financing team reaches 6.8 billion euros with a focus on prime investments on a Pan European … Read the full press release

Ferrovial lists additional notes on the Main Securities Market (MSM) of Euronext Dublin

DUBLIN, 12-Apr-2018 — /EuropaWire/ — Spain’s global services and infrastructure provider, Ferrovial, lists additional notes on the Main Securities Market (MSM) of Euronext Dublin with issuance of €100m notes from its €1bn Euro Commercial Paper (ECP) programme. A subsidiary of Ferrovial, Ferrovial Netherlands … Read the full press release

NAC places US$486 million of unsecured debt to refinance aircraft within its portfolio

Billund, Denmark, 27-Mar-2018 — /EuropaWire/ — NAC has recently completed the placement of US$486m of unsecured debt through US$381 million Senior Unsecured Private Placement issuance and an US$105 million Unsecured Schuldschein offering. These issuances consist of 3,5,7,8, and ten-year tranches. … Read the full press release

Rio Tinto launches bond purchase and redemption plan for up to $2.25 billion

LONDON, 22-Mar-2018 — /EuropaWire/ — Rio Tinto will use some of its surplus liquidity to further reduce gross debt, today launching a bond purchase and redemption plan for up to $2.25 billion. Under the plan, Rio Tinto has issued redemption notices … Read the full press release

Astaldi S.p.A. to offer additional €100M Senior Notes due 2020 for partial repayment of group’s existing debt

Rome, Italy, 11-12-2013 — /EuropaWire/ — Astaldi S.p.A. (the “Issuer” or “Astaldi”) announces the offer of additional €100,000,000 Senior Notes due 2020 (the “Additional Notes”). The issue and offering of the Additional Notes was approved by the Board of Directors of Astaldi on November … Read the full press release

Vivendi settled dispute in international arbitration with State of Argentina over 1997 water contract termination

Paris, France, 25-10-2013 — /EuropaWire/ — Vivendi announced today that it has settled a dispute with the State of Argentina resulting from the termination of a water contract in Tucuman province in August 1997. As a result of an international arbitration, Vivendi … Read the full press release

Debt write-off for Slovak alcohol producer Frucona Košice found incompatible with EU state aid rules by the the European Commission

Brussels, Belgium, 18-10-2013 — /EuropaWire/ — Following a judgment by the EU Court of Justice (ECJ) (case C-73/11 P) on its previous decision (case C25/2005), the European Commission has adopted a new decision confirming that a Slovak SKK 416.5 million (€11 million) write-off of … Read the full press release

Icade announced its two loans have been vastly over-subscribed by high-standing European investors

Paris, France, 03-10-2013 — /EuropaWire/ — Only a few short weeks after the success of its tender offer for Silic, Icade has carried off a new and highly significant success among its investors. For its first ever bond issue, Icade has placed … Read the full press release

Alcatel-Lucent wholly-owned subsidiary Alcatel-Lucent USA Inc intends to offer $500M Senior Notes due on January 1, 2020 to qualified institutional buyers in the United States

Paris, 06-8-2013 — /EuropaWire/ — Alcatel-Lucent (Euronext Paris and NYSE: ALU) announces today that its wholly-owned subsidiary, Alcatel-Lucent USA Inc., intends to offer $500 million Senior Notes due on January 1, 2020 (the “Notes”) in an offering to qualified institutional buyers … Read the full press release

Erste Group’s research report “Fiscal rules in CEE” – fiscal masochism or necessary clean up?

New fiscal rules in EU six-pack to benefit CEE5 countries and reduce risk of self-defeating austerity No need for CEE countries to raise taxes if they stick to growth-friendly policies and cap real increase of expenditures below 1% CEE5 countries … Read the full press release