EURO BONDS-Siemens Enterprise, Nordea, Sovcomflot, Wendel

(Adds Wendel guidance)

LONDON, Oct 20 (BestGrowthStock) – Here are details on corporate
bond issues in the European market on Wednesday:


Tap: The French investment group plans to increase its
existing 400 million euro bond maturing in 2016, as reported by
IFR Markets, a Thomson Reuters online news and market analysis

Guidance: Coupon of 6-6.125 percent.

Ratings: S&P BB-

SCF CAPITAL (Guaranteed by Sovcomflot)

Issue: The Russian state-owned shipping company Sovcomflot
is selling a seven-year dollar-denominated senior benchmark
bond, an official with one of the banks managing the sale said.

Guidance: 5.5 percent area

Managing banks: Deutsche Bank, JP Morgan, VTB Capital

Ratings: Moody’s Baa3, Fitch BBB-


Roadshow: Nordea Bank Finland plans to meet investors from
Oct. 29 to introduce its new Finnish covered bond programme, IFR

Managing banks: Barclays, BNP Paribas, Nordea Markets and


Mandate: The German-based communications technology company
plans a 200 million-euro five-year high-yield bond, callable
after three years, an official at one of the banks managing the
deal said.

Meetings with European investors are due to end on Friday.
Proceeds are to be used for refinancing, retirement of
management fee, cash to balance sheet and fees and expenses.

SEN is a joint venture between Siemens (SIEGn.DE: ) and U.S.
financial investor Gores Group.

Managing banks: UBS, Jefferies, Wells Fargo

Ratings: Moody’s B3, S&P B-

EURO BONDS-Siemens Enterprise, Nordea, Sovcomflot, Wendel