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*Commerzbank cuts Metro AG price target to 21 euros from 23.50. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
BUCHAREST, Oct 8- Emerging European currencies edged lower on Monday, while signs Hungary is moving closer to an international financing deal helped the forint hold on to Friday's sharp gains.
*Telefonica raises 1.2 bln euros with 7- yr bond. *Telefonica faces 57 bln euro debt pile. MADRID, Oct 5- Debt-laden Spanish telecoms group Telefonica issued seven-year debt in its second cash call in a month on Friday, taking advantage of ECB-backed credit improvements in struggling euro zone countries.
October 05- Following are terms and conditions. of a bond priced on Friday.
LONDON, Oct 5- Spain's Telefonica SA, rated Baa2/BBB/BBB+, priced a EUR1.2bn January 2020 bond on Friday after attracting around EUR8bn of orders. Lead managers BayernLB, BNP Paribas, Citi, Commerzbank, MUSI and SG CIB priced the trade at 330 bp over mid-swaps, equating to 115.38 bp over the 3.25% January 2020 Bund. The reoffer is par and the deal has a coupon of 4.71%.
*Telefonica to raise 1.2 bln euros with 7- yr bond. MADRID, Oct 5- Debt-laden Spanish telecoms group Telefonica issued seven-year debt on Friday, IFR reported, in its second cash call in a month, taking advantage of ECB-backed credit improvements in struggling euro zone countries.
LONDON, Oct 5- Spain's Telefonica and Italy's Mediobanca, encouraged by a sell-out deal from Spanish bank BBVA in the dollar market overnight, took advantage of more stable market conditions to bring new euro bonds on Friday.
LONDON, Oct 5- Spain's Telefonica SA, rated Baa2/BBB/BBB+, will price a new EUR1.2bn January 2020 bond at 330 bp over mid-swaps after the deal attracted around EUR8bn of investor demand.
MADRID, Oct 5- Spanish telecoms company Telefonica has hired the lead banks to place a seven-year euro benchmark bond issue, IFR markets reported on Friday. Telefonica named Bayer LB, BNP Paribas, Citi, Commerzbank, MUSI and SG CIB for the January 2020 issue, according to IFR, a Thomson Reuters news and markets analysis service.
LONDON, Oct 5- Spain's Telefonica SA, rated Baa2/BBB/BBB+, has opened books on its second bond deal in a month looking to emulate the success of its EUR750m bond that priced in September as a wave of corporate issuers ended a gridlock for peripheral issuers.
LONDON, Oct 5- Telefonica SA, rated Baa2/BBB/BBB+, has mandated BayerLB, BNP Paribas, Citi, Commerzbank, MUSI and SG CIB for a new January 2020 euro benchmark issue.
SYDNEY, Oct 5- Pakistan's regulator has issued new draft rules for the issuance of sukuk or Islamic bonds, as part of a range of initiatives to boost the Islamic banking sector in the country.
*Turkey strikes on Syria raise regional security fears. NEW YORK, Oct 4- Oil prices jumped 2 percent Thursday as Turkey's retaliatory strikes on a Syria sparked more concern about potential disruptions to Middle East oil supply, while U.S. gasoline futures rallied after a fire at a refinery in Texas.
October 4- Following are terms and conditions. of a bond priced on Thursday.
*Unrest in Turkey- Syria raises regional security worries. LONDON, Oct 4- Brent crude oil rose almost $2 per barrel on Thursday after skirmishes along the Turkey- Syria border raised fresh concerns over the security of Middle Eastern oil supplies.
*Unrest in Turkey- Syria raises regional security worries. LONDON, Oct 4- Brent crude oil rose above $109 per barrel on Thursday as escalating tensions between Syria and Turkey raised more concerns over the security of oil supplies from the Middle East.
*Hungary increases bond sale, yields rise as demand weakens. Hungary, whose bonds have been rallying in recent months, increased its bond sale to 47.5 billion forints from 45 billion, but average yields rose by 4-11 basis points from the previous auction two weeks ago.
*Commerzbank raises Evotec AG price target to 4.1 euros from 3.8. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
*Spain expected to ask for euro zone financial bailout. *Unrest in Iran, Turkey- Syria raise geopolitical worries. LONDON, Oct 4- Brent crude oil rose towards $109 per barrel on Thursday as expectations Spain would seek a bailout and better U.S. data encouraged investors back into riskier assets such as oil and commodities.
BUDAPEST, Oct 4- The zloty held gains in early Thursday trade after Poland kept interest rates unchanged in the previous session, going against market expectations for a cut, while stock markets across central Europe inched higher.