April 8 (Reuters) - Britain's markets watchdog set out temporary measures on Wednesday to help companies raise cash quickly to weather the coronavirus pandemic that has shuttered much of the economy.
The Financial Conduct Authority (FCA) said it was likely that many companies will turn to capital markets to raise money to support the recovery to come. Here is a list of some UK blue-chip and midcap firms that have already resorted to raising money through equity or debt to cope with the health crisis: DEBT ISSUES: DATE COMPANY NAME SIZE COSTS Apr-08 BAE Systems $1.3 bln 3.4% interest per year Apr-07 SSE 1.1 bln euros 1.25%-1.75% coupon rates with varying maturities Apr-02 Carnival $1.95 bln 11.5% and 5.75% coupon Corp rates due 2023 Apr-01 Experian 400 mln STG 3.25% coupon rate Mar-31 Anglo $1.50 bln 5.375%-5.625% coupon American rates with varying Capital maturities Mar-27 Mondi 750 mln euros 2.375% coupon rate Mar-26 HSBC $2.5 bln 4.95% coupon rate Mar-24 Diageo 1.75 bln euros; 1.875%-2.875% coupon 300 mln STG rates at varying maturities Mar-05 Sirius Real 50 mln euros 1.6% interest Estate Total: $12.1 bln EQUITY RAISE: DATE COMPANY NAME SIZE COSTS Apr-08 Aim-listed ASOS 247 mln STG Slight premium Apr-07 WH Smith 165.9 mln STG 4% discount Apr-02 Hays 200 mln STG 13% discount Apr-02 Carnival Corp $575 mln Slight discount Apr-01 Auto Trader 186 mln STG 8.9% discount Mar-30 Aston Martin 536 mln STG Not priced Mar-25 SSP Group 216 mln STG 6.2% premium Total: $2.5 bln Avg discount: 2.8% Note: If you liked this write-up and you would certainly such as to receive more facts concerning i loved this kindly go to the web site. Total has been calculated after conversion into dollar amounts, taking the following exchange rates: $1 = 0.9186 euros and $1 = 0.8072 pounds; Average discount includes those priced at a premium Source: Company announcements, Reuters calculations (Compiled by Yadarisa Shabong in Bengaluru; Editing by Jan Harvey)
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