Barwa Bank has been appointed as joint lead manager (JLM
) and book runner for a benchmark medium term sukuk issue of the International Finance Facility for Immunisation Company (IFFIm), which is backed by nine countries including the UK and France.
With respect to the estimation of the efficiency of an individual firm, the models with the MLE method adopt the conditional expectation of JLMS
, whereas the conventional panel-data models apply the max operator suggested by Schmidt and Sickles (1984) as follows:
"Emirates can confirm the appointment of the JLMs
and our intention to go on a roadshow, with a view to launching a bond if market conditions, including pricing, are favorable," the company told Reuters in an emailed statement.
There are belly laughs a plenty as the Jlms
plot literally unravels before your eyes but while it is no Zoolander, Tropic Thunder is still well worth a watch.
Parents with very small or particularly sensitive children may want to watch the DVD Jrst, so they are well prepared for any distress caused by the Jlm
's numerous intense and scary scenes.
Yarra Plenty's cost benefit analysis projected a saving of $300,000 which was confirmed by the JLMS
In addition to KAMCO, Barclays, Dubai Islamic Bank, Emirates NBD Capital and HSBC acted as JLMs
in the Islamic sukuk issuance.
The new Sukuk are priced at par at 3.10 percent, to be payable on semi-annual basis, with CIMB, Citi, Emirates NBD Capital, Gulf International Bank, HSBC, Natixis, SMBC Nikko and Standard Chartered Bank acting as the joint lead managers (JLMs
) and joint book runners.
Bank GPB International S.A., Citigroup Global Markets Limited, HSBC Bank pic, ING Bank N.V., London Branch, SIB (Cyprus) Limited, UniCredit Bank AG, VTB Capital pic and the Global Coordinators acted as Joint Lead Managers ("JLMs
") and Bookrunners of the offering.
The transaction met with solid demand from the outset, and books were well in excess of EUR 5bn (including JLMs
and co-leads interest) at 11.40 CET, when the spread was fixed at MS -12bps.
The Offer is expected to open on 1 December 2015 and consists of:a Broker Firm Offer to retail and high net worth clients of Syndicate Brokers, who are resident in Australia;a Securityholder Offer to eligible holders of Macquarie Group Limited Ordinary Shares (ASX: MQG; ADR: MQBKY), Macquarie Group Capital Notes (ASX: MQGPA), Macquarie Bank Capital Notes (ASX:MBLPA) or Macquarie Income Securities (ASX: MBLHB), who are resident in Australia;a General Offer to members of the general public who are resident in Australia; and an Institutional Offer to Institutional Investors who received a firm allocation from the JLMs
Minter Ellison is advising global investment banks Morgan Stanley Australia Securities Limited and CIMB Capital Markets (Australia) Limited in relation to their roles as joint lead managers (JLMs
) and underwriters on Kingsgate Consolidated Limited's A$59.4 million institutional placement and accelerated non-renounceable entitlement offer.