February 2, 2009 |
Past Issues |
Liquefied natural gas company Southern LNG was in the market last week seeking private funds via Banc of America Securities.
Western Pennsylvania-based electric utility Duquesne Light is looking to tap the market with a first mortgage bond deal via JPMorgan Securities.
Banc of America Securities and RBS Greenwich Capital were in the market last week with a private placement for global foods company Associated British Foods plc, sources said. The transaction is the first food-related private placement to hit the U.S. market since September, and marks RBS's first confirmed launch of 2009.
A survey conducted at this year's Private Placements Industry Forum shows that 'cautious optimism' is the prevailing sentiment among private market participants.
Citigroup, Deutsche Bank and JPMorgan Securities are in the market with a deal for Ultra Petroleum. The deal was on the road last week and is expected to price-up this week.