EURO BONDS-Bancaja, Continental, Campofrio, Eurofima, SNS
News, details on bond issues in the European markets on Tuesday:
CONTINENTAL AG (CONG.DE)
Plans: Considering an issue of high-yield or convertible bonds, along with a capital increase in early 2010, company sources told Reuters.
Rating: Moody's B1, S&P B+, Fitch B+
CAMPOFRIO FOOD GROUP (CPF.MC)
Issue: 500 million euros of senior bonds due 2016, according to Moody's Investors Service.
Rating: Moody's B1
EUROFIMA [EURF.UL]
Issue: 500 million euro 12-year Eurobond, as reported by IFR Markets, a Thomson Reuters online news and market analysis service.
Guidance: mid-swaps plus around 35 basis points, according to sources cited by IFR.
Managing banks: JP Morgan and UBS
Rating: Moody's Aaa, S&P AAA
SNS BANK (SR.AS)
Issue: debut Dutch covered bond will have a six-year tenor, as reported by IFR.
Managing banks: Barclays, LBBW and Royal Bank of Scotland
KOMMUNALBANKEN [KOMBK.UL]
Issue: $1 billion five-year bond, as reported by IFR.
Final guidance: mid-swaps plus 25 basis points, refined from initial plus 25 to 30 basis points
Managing banks: Bank of America-Merrill Lynch, JP Morgan, Morgan Stanley and Royal Bank of Scotland
Rating: Moody's Aaa, S&P AAA
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