LONDON, March 15 (Reuters) - News, details on corporate bond issues in the European markets on Monday:
VESTAS
Issue: The world's biggest maker of wind turbines said it plans to issue five-year euro bonds. The deal will be the Danish company's debut bond sale and follows a roadshow, but no date has yet been set for a launch, said an official at one of the banks managing the sale.
Managing banks: Nordea, Rabobank, Societe Generale and UniCredit
Ratings: Unrated
BANQUE FEDERATIVE DU CREDIT MUTUEL
Issue: The French mutual bank plans to issue a senior unsecured euro denominated 3-year benchmark floating rate note on Monday, an official at one of the banks managing the sale said.
Managing banks: Credit Suisse, HSBC
Rating: Moodys' Aa3, S&P A+, Fitch AA-
NATIONAL BANK OF ABU DHABI
Issue: An executive at the United Arab Emirate's second-biggest bank by assets said it planned to tap bond markets to raise $500 million to $1 bilion and roadshows were underway.
Managing banks: Bank of America Merrill Lynch, HSBC, Royal Bank of Scotland, Barclays and National Bank of Abu Dhabi
Ratings: S&P A+, Fitch AA-
AAREAL BANK
Mandate: The German property lender plans a four-year euro senior benchmark bond, as reported by IFR Markets, a Thomson Reuters online news and market analysis service.
Managing banks: BayernLB, Commerzbank, Deutsche Bank and DZ Bank
Ratings: Fitch A-
ROYAL BANK OF SCOTLAND
Mandate: The British bank plans a 10-year euro benchmark bond, IFR reported.
Managing banks: RBS self-led
Ratings: Aa3, A+, AA-
TELSTRA CORP
Issue: The Australian phone company plans a 10-year euro benchmark bond, which is expected to launch today, IFR reported. The bond follows a European roadshow this month.
Guidance: mid-swaps plus 105 basis points area.
Managing banks: BNP Paribas, Deutsche Bank and JP Morgan.
Ratings: Moody's A2, S&P A, Fitch A
(London Corporate Finance: +44 207 542 8389)
Keywords: BOND ISSUES/
COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
VESTAS
Issue: The world's biggest maker of wind turbines said it plans to issue five-year euro bonds. The deal will be the Danish company's debut bond sale and follows a roadshow, but no date has yet been set for a launch, said an official at one of the banks managing the sale.
Managing banks: Nordea, Rabobank, Societe Generale and UniCredit
Ratings: Unrated
BANQUE FEDERATIVE DU CREDIT MUTUEL
Issue: The French mutual bank plans to issue a senior unsecured euro denominated 3-year benchmark floating rate note on Monday, an official at one of the banks managing the sale said.
Managing banks: Credit Suisse, HSBC
Rating: Moodys' Aa3, S&P A+, Fitch AA-
NATIONAL BANK OF ABU DHABI
Issue: An executive at the United Arab Emirate's second-biggest bank by assets said it planned to tap bond markets to raise $500 million to $1 bilion and roadshows were underway.
Managing banks: Bank of America Merrill Lynch, HSBC, Royal Bank of Scotland, Barclays and National Bank of Abu Dhabi
Ratings: S&P A+, Fitch AA-
AAREAL BANK
Mandate: The German property lender plans a four-year euro senior benchmark bond, as reported by IFR Markets, a Thomson Reuters online news and market analysis service.
Managing banks: BayernLB, Commerzbank, Deutsche Bank and DZ Bank
Ratings: Fitch A-
ROYAL BANK OF SCOTLAND
Mandate: The British bank plans a 10-year euro benchmark bond, IFR reported.
Managing banks: RBS self-led
Ratings: Aa3, A+, AA-
TELSTRA CORP
Issue: The Australian phone company plans a 10-year euro benchmark bond, which is expected to launch today, IFR reported. The bond follows a European roadshow this month.
Guidance: mid-swaps plus 105 basis points area.
Managing banks: BNP Paribas, Deutsche Bank and JP Morgan.
Ratings: Moody's A2, S&P A, Fitch A
(London Corporate Finance: +44 207 542 8389)
Keywords: BOND ISSUES/
COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.