GRENKE FINANCE
Mandate: plans a 3.5-year non-benchmark euro bond that will be guaranteed by German IT leasing parent company Grenkeleasing, as reported by IFR Markets, a Thomson Reuters online news and market analysis service.
Managing banks: Deutsche Bank, WestLB
Ratings: S&P BBB
FIDELITY
Mandate: plans a 10-year senior sterling bond, IFR reports.
Managing banks: Barclays, JP Morgan
Ratings: Moody's Baa1, S&P BBB+
GDF SUEZ
Mandate: The French utility plans a dual tranche 7-year and 12-year euro bond, IFR reports.
The deal comes in conjunction with a tender offer for the issuer's existing 1.75 billion euro bond maturing in 2012, up to 1 billion euros of its outstanding 1.25 billion euro bond maturing in 2013 and its outstanding 1.4 billion euro notes due in 2014.
Guidance: 7-year mid-swaps plus 60 to 65 basis points; 12-year mid-swaps 80 to 85 basis points, an official with one of the banks managing the sale said.
Managing banks: BBVA, BNP Paribas, Credit Agricole, Citigroup, ING, Mitsibushi and Societe Generale.
Ratings: Moody's Aa3, S&P A
CREDIT AGRICOLE
Mandate: The French bank plans a self-led Lower Tier 2 euro benchmark bond, IFR reports.
Ratings: Moody's Aa1, S&P and Fitch AA-
ABENGOA
Mandate: The Spanish engineer plans a $600 million 7-year bond, an official with one of the banks managing the sale said.a
Proceeds will be used for general corporate purposes. Meetings with investors are due to take place this week, with the issue expected to follow next week.
The company raised 500 million euros via a 6-year bond issue in March.
Managing banks: Credit Suisse, Bank of America Merrill Lynch, Citigroup and Deutsche Bank.
Ratings: Moody's Ba3, Fitch BB
CENTRAL EUROPEAN MEDIA
Mandate: The broadcaster, partly owned by Time Warner , plans a 170 million euro 7-year senior secured note, callable after 4 years via its Czech subsidiary CET 21, an official with one of the banks managing the sale said.
Managing banks: JP Morgan, BNP Paribas, Citi
Ratings: Moody's B3, S&P B
EXOVA
Mandate: The laboratory testing and advising business plans a 155 million pounds 8-year senior secured note, which will be callable after four years, an official with one of the banks managing the sale said.
Proceeds will be used to refinance loan debt. Meetings with investors will take place on Tuesday in London.
Managing banks: Barclays, Royal Bank of Scotland.
Ratings: Moody's B3, S&P B-
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