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Bonds Corporate Bonds

  • In separate notices on Thursday, MetLife asked holders of some $3.2 billion worth of debt to approve changes to "interest payment tests" in bond indentures and called a special meeting of shareholders to approve changes to "dividend payment tests" in the company's charter. In divesting Brighthouse, MetLife's total equity dropped by about 20 percent, and...

  • Elon Musk, Co-founder and CEO of Tesla

    Tesla's recent record cash burn does not seem to be scaring off bond buyers, Bloomberg reports.

  • DETROIT, Aug 7- Tesla Inc said on Monday it would raise about $1.5 billion through its first-ever offering of junk bonds as the U.S. luxury electric car maker seeks fresh sources of cash to ramp up production of its new Model 3 sedan. The move to issue junk bonds- lower-quality investments that offer higher yields- represents a bet by Tesla Chief Executive Elon Musk...

  • DETROIT, Aug 7- Tesla Inc said on Monday it would raise about $1.5 billion through its first-ever high-yield junk bond offering, as the U.S. luxury electric car maker seeks fresh sources of cash to ramp up production of its new Model 3 sedan. The debt offering marks Tesla's debut in the junk-bond market and the company will start road-shows on Monday, IFR reported,...

  • CARACAS, Aug 3- Venezuelan state oil company PDVSA is seeking to delay the release of its audited financial statements until Aug. 11, according to a letter written by PDVSA to a bank serving as a bond trustee. In a letter to MUFG Union Bank and seen by Reuters, PDVSA says the completion of year-end financial statements has taken longer than expected due to the "...

  • CARACAS, Aug 3- Venezuelan state oil company PDVSA is seeking to delay the release of its audited financial statements until Aug. 11, according to a letter written by PDVSA to a bank serving as a bond trustee. In a letter to MUFG Union Bank and seen by Reuters, PDVSA says the completion of year-end financial statements has taken longer than expected due to the "...

  • SINGAPORE/ HONG KONG, Aug 1- Singapore- listed commodities trader Noble Group Ltd has paid the coupon on its 2020 bond, market sources said on Tuesday, helping to reduce worries about the company's immediate ability to service its debt. The payment of about $40 million to bondholders comes after Noble last week announced a dramatic overhaul and flagged a...

  • slips@ SAO PAULO, July 31- Venezuelan dollar bonds fell on Monday as traders fretted over potential U.S. sanctions after a weekend election seen as increasing the powers of leftist President Nicolas Maduro. U.S. officials said Washington was considering sanctions on Venezuela's vital oil sector in response to the election, which it called flawed.

  • The Treasury Department sold $28 billion in seven-year notes to fair demand, the final sale of $88 billion in coupon-bearing supply this week. AT&T Corp also came to market with a $22.5 billion. "The market is unduly being sold off on the mega AT&T deal... that is weighing on the long-end of the market" Tom di Galoma, a managing director at Seaport Global Holdings in New...

  • SAO PAULO, July 26- Brazil's state-controlled oil company Petróleo Brasileiro SA said on Wednesday its board approved the issuance of up to 5 billion reais of a type of local bond, according to a securities filing. Part of the proceeds from the debentures will be used to develop oil areas acquired by Petrobras from the Brazilian government in a so-called...

  • BRAZIL'S OIL COMPANY PETROBRAS SAYS TO ISSUE UP TO 5 BLN REAIS IN BONDS- STATEMENT.

  • Federal Reserve Board Chair Janet Yellen

    The deeply flawed Western economic system is contributing to the worst economic recovery the world has ever seen, Chris Watling, CEO of Longview Economics, said on Friday.

  • Companies capitalizing on tech market rally: Analyst

    The tech rally is "off in its own world" and companies have been capitalizing on it, Mike Bailey, director of research at FBB Capital Partners said.

  • HONG KONG, July 19- Asia Inc's scramble to lock in low interest rates and investors' thirst for a steady stream of income have boosted perpetual bond issuance in the region to a record this year, led by a clutch of jumbo deals from ChemChina to Japan's SoftBank. Asian corporates outside Japan issued $18.2 billion of perpetual bonds so far this year, compared with...

  • *Could start talks with China on new Panda bond programme. MOSCOW, July 12- Russia's Rusal has resumed construction of its long-stalled Taishet aluminium smelter project in Siberia in expectation of a widening global aluminium deficit, the company said on Wednesday. The world's second-largest aluminium producer behind China's Hongqiao needs a further $700...

  • *Could start talks with China on new Panda bond program. MOSCOW, July 12- Russia's Rusal has resumed construction of its long-stalled Taishet aluminum smelter project in Siberia in expectation of a widening global aluminum deficit, the company said on Wednesday. The world's second-largest aluminum producer behind China's Hongqiao needs a further $700...

  • Italian banks now 'relatively healthy', says Amundi CEO

    Most of the problems and risks of Italian banks are now behind us, Yves Perrier, the CEO of Amundi said on Tuesday.

  • HONG KONG, July 6- Japan's SoftBank Group Corp is targetting raising between $3 billion and $5 billion through an offering of U.S. dollar bonds, according to a person familiar with the plans. The bond offering comes after the telecoms-to-investment conglomerate announced raising the world's largest private equity fund the nearly $100 billion Vision Fund...

  • Inflation disappointing but markets

    Marilyn Watson, global bond strategist for Blackrock, said that despite disappointing inflation the firm is comfortable with the current market situation.

  • Children holding Chinese national flag play in Tiananmen Square in Beijing, China.

    China opening up its fixed income market to foreign investors will eventually unleash “massive” demand, HKEx CEO Charles Li said on Friday.