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FTSE 100 gathers momentum to trade firmly above 7,100 | 7 May 2021

7 May 2021 | 12:02pm
StockMarketWire.com - The FTSE 100 looked like rounding off the week in fine fashion as the index stormed 0.8% higher to fresh post-Covid highs above 7,100 by midday. Focus was very much on the economic recovery from Covid.
InterContinental Hotels reported a fall in revenue in the first quarter of the year owing to the pandemic impact but said there were signs of improving demand led by the Americas and Greater China. It gained 0.9% to £50.88
Pharma giant AstraZeneca said its Imfinzi drug and tremelimumab with chemotherapy demonstrated a meaningful overall survival benefit in a late-stage non-small cell lung cancer clinical trail. Its share price rose by 0.1% to £76.88. ....

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FTSE 100 remains firmly higher after weak US jobs report | 7 May 2021

7 May 2021 | 16:37pm
StockMarketWire.com - The FTSE 100 ended the week on a positive note, up by 0.8% to 7,129.71, as a weaker-than-expected US jobs reports led to hopes stimulus and lower rates will be in pace for longer across the Atlantic.
By 4.30pm UK time the S&P 500 on Wall Street was up 0.8% to a new record high of 4,233.08
InterContinental Hotels reported a fall in revenue in the first quarter of the year owing to the pandemic impact but said there were signs of improving demand led by the Americas and Greater China. It gained 1% to £50.94.
Pharma giant AstraZeneca said its Imfinzi drug and tremelimumab with chemotherapy demonstrated a meaningful overall survival benefit in a late-stage non-small cell lung cancer clinical trail. Its share price rose by 0.5% to £77.20. ....

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Investegate |Weir Group PLC Announcements | Weir Group PLC: Pricing of Sustainability-Linked Notes

Announcement of pricing of US$800 million Sustainability-Linked Notes
The Weir Group PLC ( Weir ) today announces that it has priced the offering (the Offering ) of US$800 million aggregate principal amount of 2.20% Sustainability-Linked Notes due 13 May 2026 (the Notes ).
John Heasley, Chief Financial Officer, said
:
We are delighted with the positive response to the Group s first syndicated bond offering in our 150-year history. The proceeds will be used to repay existing debt maturing in 2022 and 2023, and for other general corporate purposes. In addition to strengthening our balance sheet further, the structuring of the offering as Sustainability-Linked Notes also reaffirms our commitment to reducing our environmental impact, including delivering a 30% reduction in emissions by 2024 ....

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Verallia Successfully Priced Its Inaugural Sustainability-linked Bond

Verallia Successfully Priced Its Inaugural Sustainability-linked Bond
Regulatory News:
Verallia (Paris:VRLA) announced today that it successfully priced its inaugural Sustainability-Linked Bond in an aggregate amount of €500 million with a 7-year maturity with a coupon of 1.625%. As the very first issuer of a Sustainability-linked Bond in the Glass packaging industry in Europe, Verallia is confirming its sustainability leadership in the sector.
Michel Giannuzzi, Chairman and Chief Executive Officer: We are proud to be the first in our industry to launch a sustainability-linked bond in Europe. This issuance is fully aligned with the Group s ESG strategy released in January 2021. The order book of close to EUR 2 billion demonstrates the confidence of investors in the Company s financial strength, strategy and ability to deliver on its sustainability targets. ....

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Constellium Paris: Constellium Prices Company's Sustainability-Linked Notes Offering

First Sustainability-Linked Notes in the metals sectorPARIS, Feb. 09, 2021 (GLOBE NEWSWIRE) Constellium SE (NYSE: CSTM) ("Constellium" or the "Company") today announced that the Company has priced ....

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