Tuesday, August 3, 2010

EURO BONDS-HSBC Holdings SAP Abengoa BCP RZD Matalan SCBC

Tue Mar 23, 2010 11:39am EDT Related News EURO BONDS-Banco Popolar Espanol, SocGen, SCBC, BNG, LloydsMon, Mar 22 2010EURO BONDS-La Caixa, Eutelsat, Santander, PohjolaThu, Mar 18 2010EURO BONDS-Vale, BHH, Ineos, Vicat, Nordea, Merck, LloydsWed, Mar 17 2010EURO BONDS-Nomura, Italcementi, Sparebank, Credit AgricoleTue, Mar 16 2010EURO BONDS-NIBC, Vestas, ING, BFCM, Abu Dhabi Bank, AarealMon, Mar 15 2010 Stocks & &

LONDON, March 23 (Reuters) - News, details on corporate bondissues in the European markets on Tuesday:

Stocks&&&&Currencies&&&&Bonds

SAP (SAPG.DE)

Issue: The German business software maker is planning adebut euro benchmark bond, an official at one of the banksmanaging the sale said. Roadshow planned for March 29-30.

Managing banks: BNP Paribas, Deutsche Bank, ING and JPMorgan.

Ratings: unrated.

ABENGOA SA (ABG.MC)

Mandate: Unrated Spanish engineering and bioenergy group hasset the final size of a 6-year bond at 500 million euros, asreported by IFR Markets, a Thomson Reuters online news andmarket analysis service.

Guidance: Final yield set at 8.625 percent from around 8.75percent initially.

Managing banks: BNP Paribas, Credit Suisse, Deutsche Bank.

HSBC HOLDINGS (HSBA.L)

Issue: The UK bank sets size of 30-year Lower Tier 2sterling bond at 900 million pounds, as reported by IFR Markets.Order books in excess of 1.5 billion pounds.

Guidance: Gilts plus 150 basis points from initial 150-155bps range.

Managing bank: HSBC

Ratings: SP AA-, Fitch AA

RZD CAPITAL LIMITED

Issue: The Russian state-owned rail transport monopoly plansto sell a 7-year dollar-denominated benchmark bond, said anofficial at one of the banks managing the deal.

Managing banks: Barclays, JP Morgan, VTBC

Expected ratings: Moody"s Baa1, SP BBB, Fitch BBB

BANCO COMERCIAL PORTUGUES (BCP.LS)

Issue: The Portuguese bank has opened books on a 3-year eurobenchmark floating rate note, as reported by IFR Markets.

Managing banks: Barclays, Millennium Investment Banking, BNPParibas, Goldman Sachs.

Ratings: Moody"s A1, SP A-, Fitch A+

SWEDISH COVERED BOND CORP [SBAB.UL]

Issue: The Swedish state-owned mortgage lender sets size onplanned 7-year covered bond at 1 billion euros, as reported byIFR. Books have closed at around 1.1 billion euros.

Guidance: Mid-swaps plus 48 basis points from an initialmid-swaps plus 45-48 bps range.

Managing banks: Citi, Credit Suisse, HSBC, Nordea andSociete Generale.

MATALAN

Issue: The British budget fashion retailer is due to price aplanned 7-year 225 million pound high-yield bond, callable after3 years, on March 24, a source familiar with the matter said.

Guidance: Yield around 9.75 percent.

Managing bank: Goldman Sachs

WESTDEUTSCHE IMMOBILIENBANK

Issue: The German bank is doing a 500 million euro fixedrate mortgage covered bond, an official at one of the banksmanaging the sale said.

Managing banks: LBBW, Morgan Stanley, UniCredit, WestLB andWGZ

Ratings: SP AAA

DEUTSCHE POSTBANK (DPBGn.DE)

Mandate: The German bank plans a 1 billion euro 10-yearjumbo covered bond, IFR reported. The issue is expected in thenear future subject to market conditionns.

Managing banks: BayernLB, BNP Paribas, Deutsche Bank, DZBank and HSBC.

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(London Corporate Finance: +44 207 542 8389)

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