corporate-bonds
FinanceSweden’s Sbb Exchanges $2.9 Billion Debt, Eyes Lower Leverage Ahead
Finance2024 the ‘year of the Bond’ as Record Inflows Top $600 Billion
TradingAnalysis-2024 the ‘year of the Bond’ as Record Inflows Top $600 Billion
BusinessVolkwagen’s German Plants Must Get More Efficient, CFO Says
Sweden’s Sbb Receives Letters From Funds Intending to Accelerate Eurobonds
Date: December 5, 2024
(Reuters) – Swedish property group SBB said it had received letters from FFI Fund and Olifant Fund notifying an intention to accelerate their holdings of its 2028 and 2029 notes issued under the 2020 and 2021 Euro Medium Term Note (EMTN) programme. The bondholders claimed that their combined holdings in these bonds amount to a...
Mfe Lines up $3.6 Billion Loan for Any ProSieben Move
Date: December 4, 2024
MILAN (Reuters) -MFE-MediaForEurope, the TV group controlled by Italy’s Berlusconi family, has asked a group of banks for a 3.4 billion euro ($3.6 billion) loan to cover any financing it may need related to Germany’s ProSiebensat.1, a source told Reuters. MFE, which owns TV operations in Italy and Spain, has built a nearly 30% stake...
Tech Leads European Shares Higher, France’s Political Outlook in Focus
Date: December 3, 2024
(Reuters) – European shares opened higher on Tuesday, led by the tech and basic resources sectors, with investors on tenterhooks ahead of the outcome of France’s political instability this week as the likelihood of the government’s collapse has rocked the country’s markets. The pan-European STOXX 600 rose 0.2%, with the technology and basic resources sectors...
Global Equity Funds Draw Ninth Weekly Inflow in a Row
Date: November 29, 2024
(Reuters) – Global investors stepped up purchases in equity funds in the week ended Nov. 27, encouraged by prospects of robust U.S. growth under the Trump administration and boosted by cooling treasury yields. Investors pumped a substantial $12.19 billion into global equity funds, a jump of 32% compared with about $9.24 billion worth of net...
European Asset Manager Amundi Targets India Debt With Two Recent Fund Launches
Date: November 29, 2024
By Dharamraj Dhutia MUMBAI (Reuters) – Amundi Investments, Europe’s largest asset management firm, plans to increase its exposure to Indian debt through its recently launched funds focusing on the country’s fixed income market, officials at the asset management firm said. To add to the dollar-denominated exchange-traded fund (ETF) launched in September, the fund house launched...
UK’s Direct Line Surges After Rejecting Aviva’s $4.16 Billion Takeover Offer
Date: November 28, 2024
(Reuters) -Shares in UK’s Direct Line Insurance soared over 36% in early trade on Thursday after it rejected a 3.28 billion pound ($4.16 billion) takeover offer from bigger rival Aviva, saying it “substantially undervalued” the company. The insurer, which made the announcement after market hours on Wednesday, topped gains on the FTSE 250 mid-cap index,...