LONDON, Jan 8 (Reuters) - News, details on corporate bond issues in the European markets on Friday:
NATIONWIDE BUILDING SOCIETY
Issue: Plans euro-denominated senior unsecured benchmark bond, said an official at one of the banks managing the sale.
Managing banks: BNP Paribas, Deutsche Bank and UBS Investment Bank
Ratings: Moody's Aa3, S&P A+, Fitch AA-
LONDON AND QUADRANT HOUSING TRUST
Issue: Proposed long-dated benchmark sterling bond, said IFR Markets, a Thomson Reuters online news and market analysis service.
Managing banks: Barclays Capital, Goldman Sachs International, Royal Bank of Scotland
Ratings: Expected to be rated Aa2 by Moody's and AA- by S&P, IFR said.
BANCO ESPANOL DE CREDITO (BANESTO)
Issue: Books open on a euro benchmark, three-year floating-rate note, an offical at one of the banks managing the sale said. Pricing due later on Friday.
Spread guidance: 3-month Euribor plus 55 basis points area.
Managing banks: Banesto, Barclays Capital, Citi and SG CIB.
Rating: Moody's Aa3, S&P AA, Fitch AA
(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.
NATIONWIDE BUILDING SOCIETY
Issue: Plans euro-denominated senior unsecured benchmark bond, said an official at one of the banks managing the sale.
Managing banks: BNP Paribas, Deutsche Bank and UBS Investment Bank
Ratings: Moody's Aa3, S&P A+, Fitch AA-
LONDON AND QUADRANT HOUSING TRUST
Issue: Proposed long-dated benchmark sterling bond, said IFR Markets, a Thomson Reuters online news and market analysis service.
Managing banks: Barclays Capital, Goldman Sachs International, Royal Bank of Scotland
Ratings: Expected to be rated Aa2 by Moody's and AA- by S&P, IFR said.
BANCO ESPANOL DE CREDITO (BANESTO)
Issue: Books open on a euro benchmark, three-year floating-rate note, an offical at one of the banks managing the sale said. Pricing due later on Friday.
Spread guidance: 3-month Euribor plus 55 basis points area.
Managing banks: Banesto, Barclays Capital, Citi and SG CIB.
Rating: Moody's Aa3, S&P AA, Fitch AA
(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.
© 2010 AFX News
