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    1. Borden, a food and chemicals company, will use proceeds to pay commercial paper debt incurred in its acquisition of BCI Beatrice Dairy Products Inc.
    2. A spokesman for the Bank of New York said the bank was "pleased that BCI has withdrawn its bid."
    3. A further 40m would be offered to BCI employees. In a related move on Friday, Iri set in motion the process of unwinding a deal arranged last March with its telecommunications arm, Stet.
    4. The issue for Beatrice, a BCI Holdings Corp. unit, he said, shows how Drexel handled a leveraged buy-out.
    5. The buyout investors led by Kohlberg Kravis paid $5 apiece for 81.4 million BCI shares, and the warrant and option holders can buy another 57.7 million at $5.
    6. A further 30.7m shares will be held back for possible market stabilisation purposes, but may be added to the institutional tranche. BCI, which is co-ordinating the deal with Lehman Brothers, said the precise allocations would depend on demand.
    7. The issue was used to help finance the takeover of Beatrice Foods by BCI Holdings.
    8. Like most companies that go through leveraged buyouts, BCI, a gargantuan food and consumer products company with about $14 billion of annual revenue, scrambled to cut costs and sell assets to pay down its debt.
    9. Moreover, they may only cover share pacts formed post-privatisation. Hence the reason, according to some analysts, for the very sharp recent rise in BCI's stock price as potential pact members buy equity ahead of the enactment of the new rules.
    10. E-II represents about 20% of BCI's remaining assets at the end of February, according to the prospectus.
    11. BCI was L62 easier at L4,882 although it said that first half profits were much better than those for the same 1992 period. ZURICH's consolidation proved short lived, the market returning to a record high after Wedneday's dip.
    12. The prospectus for the 1986 bond sale disclosed that BCI Equity Associates L.P. would share via warrants in BCI's ownership.
    13. The prospectus for the 1986 bond sale disclosed that BCI Equity Associates L.P. would share via warrants in BCI's ownership.
    14. The shortage of capital has made investments more attractive by pushing down valuations, often by as much as 20% to 25%, says Ted Horton, managing director of BCI.
    15. Mr Luzon found himself, when Exterior absorbed BCI, owner of Pta50bn of convertible bonds in a troubled Basque steelmaker.
    16. Much of the day's questioning focused on dealings by the so-called insider accounts in Drexel-managed offerings by Texstyrene Corp. and the Beatrice Cos. unit of BCI Holdings Corp.
    17. Fiat shed L224 to fix at L6,327 before rebounding to L6,644 after hours with investors expecting the board to cut the dividend at the end of the month. Foreign demand help Credito Italiano and BCI to extend Monday's gains.
    18. MILAN magistrates have issued an international arrest warrant on a charge of alleged corruption for Mr Enrico Braggiotti, former chief executive of Banca Commerciale Italiana (BCI), the leading state-controlled bank, writes Robert Graham.
    19. BCI said Blue Circle Ltd. had a book value of #33.8 million.
    20. The bank's physical expansion was supported by a punchy advertising campaign, pointedly aimed at customers of the more conservative state-owned banks. Francisco Veloso, BCI president, says results exceeded the bank's expectations.
    21. We had to change everything to meet our targets, but we managed to do it without a (negative) effect on our results.' BCI officials say total deposits (private and corporate) rose from Es63bn in 1990 to Es166bn last year.
    22. He emphasised BCI's sound financial condition and the fact that its bad-debt ratio was about half the national average. The BCI float will be Italy's biggest privatisation, raising about L3,000bn (Dollars 1.7bn) for the IRI state holding company.
    23. He emphasised BCI's sound financial condition and the fact that its bad-debt ratio was about half the national average. The BCI float will be Italy's biggest privatisation, raising about L3,000bn (Dollars 1.7bn) for the IRI state holding company.
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