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Bonds Corporate Bonds

  • Goldman Sachs investing in a dictatorship?

    Nomi Prins, Demos senior fellow and former Goldman Sachs managing director, and Steve Hanke, Cato Institute senior fellow and former advisor to former Venezuelan president Caldera, discuss Goldman Sachs' controversial purchase of Venezuela's state-owned oil company bonds as the country's economy falters.

  • A protester gestures in front of police during an opposition march in Caracas, Venezuela, on Wednesday, May 11, 2016.

    CNBVC's Wilfred Frost reports the blowback for Goldman Sachs after buying $865 million of corporate debt in Venezuela's state-owned oil company.

  • LIMA, May 27- The financial arm of the World Bank is considering issuing about $2 billion in bonds to finance environmentally friendly projects in Peru, the nation's economy minister said on Saturday. The International Finance Corporation, an arm of the World Bank, "is thinking of doing an emission of green bonds here, and that's going to give us $2 billion, more or...

  • LONDON, May 26- Investors shunned U.S. equities and high yield bonds in the latest week in favour of European stocks and investment grade corporate bonds, fund flow data from Bank of America Merrill Lynch showed on Friday. The $3.3 billion redemption from U.S. equity funds followed almost $9 billion of outflows the previous week, as political turmoil in...

  • HONG KONG, May 25- ChemChina has raised $20 billion mainly in perpetual bonds to finance its purchase of Swiss seeds firm Syngenta, with Bank of China becoming the single largest investor providing half of that funding, according to a regulatory filing. Bank of China has invested $10 billion via a perpetual bond, according to the May 18 U.S. Securities and Exchange...

  • HONG KONG, May 25- ChemChina has raised $20 billion in perpetual bonds and preferred shares to finance its acquisition of Swiss seeds maker Syngenta, according to a regulatory filing by the state-owned Chinese company. Bank of China has invested $10 billion via a perpetual bond, making the Chinese lender the single largest financier in the $44 billion deal,...

  • NEW YORK, May 24- Regulations passed after the financial crisis aimed at reducing risk at systemically important banks and other institutions have made it harder to buy and sell corporate bonds, researchers at the New York Federal Reserve said on Wednesday. In October 2015, New York Fed economists, including Tobias Adrian and Or Shachar, said there appeared to be...

  • SAO PAULO/ BRASILIA/ NEW YORK, May 22- Brazilian meatpacker JBS SA's stocks and bonds plunged on Monday as investors worried about the legal and financial consequences stemming from its central role in Brazil's latest corruption scandal. The selloff came as holding company J&F Investimentos, controlled by billionaires Joesley and Wesley Batista, resumed...

  • TOKYO, May 22- Fears that the Bank of Japan is scaling back its massive bond buying program rippled through corporate bond markets on Monday as traders rushed to dump their holdings at an auction, pushing yields to a 1-1/ 2 year high. Sellers offered 403 billion yen in Monday's corporate bond auction, more than four times the amount the BOJ's 100 billion yen purchase.

  • SINGAPORE, May 22- Shares of AusGroup Ltd rose 5.6 percent on Monday after the Singapore- listed company said it was proposing a debt-to-equity swap of S $110 million of bonds, looking to cut interest costs and improve its balance sheet. AusGroup, which provides services from construction to engineering and also operates in the troubled marine industry, said it...

  • NEW YORK, May 17- OneWeb, the U.S. satellite startup backed by Japan's SoftBank Group Corp, has increased its merger proposal for Intelsat SA by offering Intelsat's creditors a smaller discount for their bonds than it had before. "We're at the absolute limit on what we're prepared 1/ 8 to offer 3/ 8 for this business, and we're simply not willing to negotiate any further,"...

  • CARACAS, May 17- Venezuelan state oil company PDVSA has deposited funds for the payment of interest on 2024 and 2026 bonds, the company's president told Reuters on Wednesday, after investors reported a delay in some $285 million due early this week. As a result, Venezuela bonds trade at distressed levels. Socialist President Nicolas Maduro says the OPEC country...

  • *Traders in scramble to offload corporate bonds to BOJ. TOKYO, May 17- Yields are rising in Japan's tiny corporate bond market as traders pre-emptively brace for the Bank of Japan to stop being buyer of last resort, making this market a microcosm of wider fears over the end of Japan's four-year-long stimulus policy. Five year corporate bond yields have risen 10...

  • A costumed reveller wearing a mask depicting Munch's famous painting 'The Scream'

    A decline in yields indicates investor demand for products at the high end of the risk scale.

  • *Company must pay outstanding C $325 bln bond on May 24. Canada's largest non-bank lender is struggling with financing problems after depositors withdrew more than 90 percent of funds from its high-interest savings accounts since March 27, when the company terminated the employment of former Chief Executive Martin Reid. The withdrawals accelerated after...

  • Apple's cash hoard hits record $256.8B

    CNBC's Mike Santoli and Evan Newmark discuss Apple tapping into corporate bond markets again.

  • NEW YORK, May 11- Intelsat SA on Thursday extended for a second time a deadline for its bondholders to decide whether to accept a haircut on their holdings, a concession necessary for the debt-laden satellite operator's merger with its peer OneWeb Ltd.. The deadline for a bond swap that would cut creditors' debt was extended until Monday, May 15, Luxembourg- based...

  • May 10- SoftBank's bid to merge its satellite technology startup with Intelsat SA teetered on Wednesday, as some Intelsat creditors held up the deal and a few made a last-minute offer to rescue it, people familiar with the matter said. The merger is contingent upon an offer to Intelsat creditors to accept a $3.6 billion haircut on their bonds, which is set to expire...

  • May 10- Bond insurer Ambac Financial Group Inc said it was "aggressively pursuing" loss mitigation strategies in debt-laden Puerto Rico. Ambac's plan announced in its quarterly earnings report on Wednesday comes a week after Puerto Rico said it would restructure its public debt, touching off what may be the biggest bankruptcy ever in the $3.8 trillion U.S....

  • IBM's Watson computing system.

    At the Sohn Conference, Chamath Palihapitiya, Social Capital founder & CEO, speaks to CNBC's Kelly Evans about older tech names like Oracle and IBM.