While corporate bonds may not look terribly attractive amid rising rate expectations, Goldman tips a good performance – but only in the short term.» Read More
Where Buffett goes, others tend to follow, and bankers predict more U.S. firms will issue bonds in Europe after Berkshire Hathaway's euro bond debut.
Issuers who aren't from China or Hong Kong account for about 70 percent of offshore yuan bonds and certificate of deposits in the primary market so far this year, Thomson Reuters data shows. Other foreign entities tapping the fledgling dim sum market in the past two months are Australia's Westpac Banking Corp, France's Air Liquide Finance, Germany's KfW...
U.S. conglomerate Berkshire Hathaway has mandated banks for a potential debut euro-denominated bond deal.
NEW YORK, March 3- A U.S. judge on Tuesday said he would not yet rule on whether Citigroup Inc can process interest payments by Argentina on bonds issued under its local laws following the country's 2002 default. District Judge Thomas Griesa told the lawyers for Citigroup and holdout investors in a hearing in New York that he would not issue a decision on Tuesday...
Brandywine Global's Stephen Smith doesn't see a corporate bond bubble despite huge issuance and growing concern.
On the second biggest corporate bond issuing day to date, Steve Smith, Legg Mason, gives his take on a possible bubble.
Robert Luna, SureVest Wealth Management, and Mark Luschini, Janney Chief Investment, discuss their stock picks and talk on a possible stock bubble forming.
Books on Actavis' jumbo nine-tranche bond partly backing the acquisition of Allergan were heard topping $65 billion and are due to close at 1:30 p.m. ET.
NEW YORK, Feb 23- BlackRock Inc is planning to launch its first so-called "smart beta" bond fund that will adjust the holdings of a traditional bond index to achieve an equal balance of credit and interest rate risk. "You've seen this trend on the equity side, and I think you're seeing it start to accelerate on the fixed-income side," said Matt Tucker, head of iShares...
An Indonesian telecom found a way to restructure its debt over creditor objections: it loaned itself money and counted its own votes toward approval.
BACKGROUND Bakrie Telecom Tbk set up a special purpose vehicle- Bakrie Telecom Pte Ltd- to sell a $380 million bond in New York in 2010. The bond matures in May 2015 and bears an 11.5 percent coupon. Bakrie Telecom Tbk guarantees the bond while Bakrie Telecom Pte Ltd lends the proceeds to the listed parent company under an inter-company loan agreement.
DUBAI, Feb 18- Egypt's return to the international debt market after a five-year gap is set to attract heavy demand- so heavy that the new bonds risk pricing at precariously high levels. The government plans to issue a $1.5 billion Eurobond in April and to return regularly to international capital markets in coming years, Hanan Salem, first deputy minister at the...
Drexel collapsed 25 years ago, but alumni of the once powerful investment bank are now in some of Wall Street's most powerful posts.
Energy bonds took a hit from fears low oil prices would spur a surge in defaults, but most issuers should stay resilient, Goldman Sachs said.
Apple has set the final spreads on its dual-tranche Swiss franc deal.
*Microsoft bond deal holds center stage. The declines reversed an earlier rally during European trading hours as investors spooked by Greece's stand-off with the European Union and deadlier fighting in Ukraine shifted funds to safe-haven government debt. Geopolitical worries were shouldered aside by a massive, unusually long-dated bond offering by...
Feb 5- Corporate bonds did outstandingly well during the great deflation in the 1930 s but this time round may be, well, different. Finland sold five-year paper the other day for a negative yield, German yields are negative six years out, while those in Austria, Sweden and the Netherlands cost you money to hold for five years. France, always a bit more of a risk, is priced...
The ZYNY world – or zero-yield to negative-yield – is set to drive another wave of yield chasers in the markets, JPMorgan said.
Bond fund titan John Bellows, Western Asset Management, is bullish on corporate debt.
Sunac plans to buy a 49.3 percent stake in troubled Chinese developer Kaisa, which recently missed bond coupon payments, Caixin magazine reported.