Turkish, Indian banks sell big equity stakes

Article Abstract:

Turkey-based Turkiye Vakiflar Bankasi sold nearly three quarters of its initial public offerings in November 2005 to foreign institutional investors. The bank issued securities for a $1.28 billion. India's ICICI bank also offered $433 million of American depository shares in December, 2005. A quarter of these shares were purchased by Japanese investors.

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The Russians are coming to London and Luxembourg to satisfy appetite for capital

Article Abstract:

More and more Russian companies are raising capital in form of global depositary receipts, or GDRs from financial markets in London and Luxembourg. Other corporate financing issues in United States, Latin America, and Russia are also discussed.

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Ford's euro benchmark bond issue sputters

Article Abstract:

The reduction in size of Ford Motors bond issue due to poor grades given by financial advisors and disappointed investors is discussed.

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