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Bonds Corporate Bonds

  • WASHINGTON, April 24- The U.S. Supreme Court on Monday rejected a bid by natural gas company Chesapeake Energy Corp to avoid having to pay $438.7 million to investors in a bonds dispute. The justices refused to hear the Oklahoma City- based company's appeal of a September 2016 ruling by the New York- based 2nd U.S. Circuit Court of Appeals in favor of bondholders.

  • CARACAS, April 12- Venezuela and its state oil company PDVSA on Wednesday made $2.6 billion in bond payments, the OPEC country's vice president said on Wednesday, fulfilling heavy debt service that has contributed to the country's economic crisis. President Nicolas Maduro's government has met commitments to Wall Street investors for years by slashing...

  • CARACAS, April 12- Venezuela's cash-strapped state oil company PDVSA has made roughly $2.2 billion in bond payments, two noteholders told Reuters on Wednesday. President Nicolas Maduro's government has met commitments to Wall Street investors for years by slashing imports of basic goods such as food and medicine, spurring the country's chronic product...

  • CARACAS, April 12- Venezuela's cash-strapped state oil company PDVSA has made roughly $2.2 billion in bond payments, two bondholders told Reuters on Wednesday.

  • Skyscrapers new york city, office buildings, corporate, corporate america

    Utilities, energy firms and materials companies have taken on debt faster than they've added to corporate earnings.

  • CARACAS, April 6- Venezuela's state oil company, PDVSA, said on Thursday it had "started bank transfers" to make its first April bond payments, outlays that will further squeeze the already cash-strapped business amid a deep recession. President Nicolas Maduro's government has pledged to keep paying bondholders, bashing default talk as a Wall Street plot to...

  • April 4- Cenovus Energy said on Tuesday it priced a $2.9 billion offering of senior notes to fund the acquisition of assets in Western Canada from ConocoPhillips. Last week, the company agreed to buy oil sands and natural gas assets from ConocoPhillips in a cash-and-stock deal valued at C $17.7 billion. The notes offering is expected to close on or about April 7...

  • *Restructuring talks extended by 3 months to July 31. OSLO, April 4- Drill rig operator Seadrill warned investors that its shares will lose almost all of their value and its bonds will be hit as the Norwegian company prepares for potential bankruptcy proceedings to restructure $14 billion in debt and liabilities. Seadrill, which first warned in February that...

  • *Restructuring talks extended by 3 months to July 31. OSLO, April 4- Drill rig operator Seadrill warned investors that its shares will lose almost all of their value and its bonds will be hit as the Norwegian company prepares for potential bankruptcy proceedings to restructure $14 billion in debt and liabilities. Seadrill, which first warned in February that...

  • OSLO, April 4- Rig firm Seadrill warned on Tuesday that its stock will lose almost all of its value and its bonds will be hit as the Norwegian company prepares for potential bankruptcy proceedings to restructure $14 billion in debt and liabilities. Shares in Seadrill, which was once the crown jewel in shipping tycoon John Fredriksen's empire, were down 40 percent...

  • MOSCOW, April 4- Emerging market borrowers raised a record $181 billion in global bond markets during the first quarter of 2017, with both corporate and sovereign tallies surpassing previous highs, data from JPMorgan showed. The $51 billion sold in March was more than twice the $21.8 billion from a year back, and well above the average March supply of $28.4...

  • SAO PAULO, March 31- Odebrecht Ôleo& Gás SA, the offshore oil drilling company owned by Brazil's Odebrecht SA, has won temporary relief from investors despite pledging to honor interest payments on a bond a week after deadline. In a Friday statement, the company known as OOG said investors would receive on April 7 an interest payment on the company's 6.75 percent...

  • SAO PAULO, March 31- Odebrecht Ôleo& Gás SA, the offshore oil drilling company owned by Brazil's Odebrecht SA, has won a temporary relief from a relevant group of bondholders that will help it pay for operational and capital expenses, signaling progress in talks aimed at restructuring $5 billion in debt. In a Friday statement, the company known as OOG said...

  • The four reactors are part of two projects known as V.C. Summer in South Carolina, which is majority-owned by SCANA Corp and Vogtle in Georgia, which is owned by a group of utilities led by Southern Co.. Tax-exempt bonds issued by the Municipal Electric Authority of Georgia, which owns 22.7 percent of the Vogtle units, and South Carolina Public Service Authority,...

  • Arcos Dorados Holdings Inc, the world's largest McDonald's restaurant franchisee, and Chile's Empresas CMPC SA are offering 10- year bond deals on Thursday that could fetch them $765 million in total. President Donald Trump's policies would lure capital away from Latin America have subsided, bankers and executives said. Emerging market funds had $6.5...

  • NAIROBI, March 29- Kenya's East African Breweries got a 141 percent subscription rate for its five-year corporate bond, the company said on Wednesday. The company, which is controlled by Britain's Diageo, said investors offered 8.45 billion shillings, well above the 6 billion shillings it sought. EABL also operates in neighboring Uganda and Tanzania.

  • Marc Lasry

    The issues facing retailers are "just too big," and those stocks should see more downside, Marc Lasry tells CNBC.

  • SAN FRANCISCO, March 17- Tesla Inc's $1.2 billion share and convertible debt offering on Friday demonstrates once again the unflagging ability by the luxury electric carmaker and its high-profile head, Elon Musk, to tap Wall Street for sorely needed cash. The capital raise removed "an overhang on the stock," in the eyes of investors, wrote analyst Jamie Albertine...

  • NEW YORK, March 15- Managers of top-performing "unconstrained" bond funds have slashed their stakes in U.S. corporate bonds following a monstrous rally, reflecting skepticism that any tax changes enacted under President Donald Trump can drive prices even higher. Their moves are worth following because they can be more objective than stewards of...

  • NEW YORK, March 9- Bond investor Bill Gross warned on Thursday that investors should not be tempted into buying high-flying equities and corporate bonds, given the possibility that U.S. Wall Street's main indexes have rallied since Trump was elected president and remain close to all-time highs, driven by optimism that his policies may stimulate growth in...