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