News, details on corporate bond issues in the European markets on Wednesday:

BANCO CARIGE

Issue: sets size at 1 billion euros for debut seven-year covered bond, as reported by IFR Markets, a Thomson Reuters online news and market analysis service.

Guidance: mid-swaps plus 60 basis points

Managing banks: Deutsche Bank, Natixis, HSBC, UniCredit (HVB) and UBS Investment Bank

WESTLB [WDLG.UL]

Issue: Plans 5.5-year benchmark fixed rate euro bond, said an official at one of the banks managing the sale.

Managing banks: Bayern LB, Commerzbank, DZ Bank, UBS and WestLB.

Rating: Moody's A2, S&P BBB+

LUKOIL (LKOH.MM)

Issue: $1.5 billion maximum, 5 and 10-year bond, Reg S. 144a, an official at one of the banks managing the sale said.

Guidance: Expected later on Wednesday

Managing banks: Barclays, ING, Royal Bank of Scotland

WILLIAM HILL (WMH.L)

Issue: British bookmaker plans roadshows next week in London and Scotland on a sterling-denominated bond issue, an official at one of the banks involved said.

Managing banks: Royal Bank of Scotland and Barclays, an official said.

Rating: Moody's Ba1, S&P BB+

GENERAL ELECTRIC CAPITAL UK FUNDING (GEA.N)

Issue: plans 500 million pound 11-year bond, guaranteed by GE Capital Corp, as reported by IFR.

Guidance: Gilts plus 215 basis points, refined from plus 215-220

Managing banks: Barclays, Deutsche Bank, HSBC and UBS

Rating: Moody's Aa2, S&P AA+

HAVAS (EURC.PA) -PRICED

Issue: 350 million euro five-year bond, as reported by IFR.

Guidance: Mid-swaps plus 280 to 290 basis points

Managing banks: CMCIC, Natixis and Oddo et Cie

Rating: Unrated

NYKREDIT REALKREDIT

Issue: opens books on euro-denominated perpetual Tier 1 notes, non-call 5 years, as reported by IFR

Yield guidance: around 9 percent

Managing banks: Citigroup, Goldmans Sachs, Nykredit, UBS

Senior ratings: A1 Moody's, A+ S&P

PHOENIX NATURAL GAS

Issue: 275 million pound maturing July 2017, as reported by IFR.

Spread guidance: Gilts plus 240-250 basis points

Managing banks: Barclays and Royal Bank of Scotland

Expected rating: Moody's Baa2, Fitch BBB+

DEXIA LdG BANQUE SA - PRICED

Issue: 500 million euro, three-year inaugural public euro covered bond under the Luxembourg lettres de gauge framework, as reported by IFR. The new issue is backed by public-sector loans, according to S&P

Guidance: mid-swaps plus 40 basis points, refined from around 45 basis points earlier

Managing banks: BNP Paribas, Deutsche Bank, Dexia Capital Markets and Royal Bank of Schotland

Rating: S&P AAA

Investment BNP Paribas