News, details on corporate bond issues in the European markets on Thursday:
BANCO POPOLARE SOCIETA COOPERATIVA (BAPO.MI)
Issue: plans Lower Tier 2 fixed-rate euro-denominated bond maturing in 2016, with pricing expected later in the day, said IFR Markets, a Thomson Reuters online news and market analysis service.
Managing bank: Goldman Sachs
Subordinated rating: Moody's A3, S&P BBB+, Fitch BBB+
ALLIED IRISH BANKS (ALBK.I)
Issue: 5-year senior benchmark euro bond, as reported by IFR Markets, a Thomson Reuters online news and market analysis service.
Managing banks: Credit Suisse, Deutsche Bank, HSBC and JP Morgan.
Ratings: Moody's A1, S&P A, Fitch A-
CAJA MADRID [CAJAM.UL]
Issue: Spanish savings bank plans 5-year 1 billion euro covered bond, IFR reported.
Guidance: mid-swaps plus 70-75 basis points, IFR said, citing market sources.
Managing banks: Caja Madrid, Citi, Deutsche Bank, HSBC and LBBW.
(London Corporate Finance: +44 207 542 8389)