corporate-bonds
Top StoriesSome Credit Suisse AT1 Bondholders Seek Legal Advice -Law Firms
Top StoriesGlobal Bank Bonds Claw Back Losses as Markets Rout Eases
Top StoriesSainsbury’s Pays $524 Million for Full Ownership of Store Investment Vehicles
Top StoriesDelivery Hero Ramps up Interest Payments to Raise 1 Billion Euro Convertible Bond
Meta Surges on Cost Cut, Buyback Plans; Lifts Mega-Cap Stocks
Date: February 2, 2023
(Reuters) – Shares of Meta Platforms Inc soared nearly 20% in premarket trading on Thursday as the Facebook parent wooed investors with plans to rein on costs and a new $40 billion share buyback. Meta plans to cut costs in 2023 by $5 billion to between $89 billion and $95 billion compared with its earlier...
European Junk Debt Sales Spring Back to Life as Sentiment Improves
Date: January 20, 2023
By Chiara Elisei LONDON (Reuters) – Junk-rated companies in Europe have raised $1.4 billion from bond sales this month as investors return to riskier debt after rising interest rates and Russia’s war in Ukraine froze markets last year. According to Refinitiv data, those sales so far in January add to almost $2.2 billion worth of...
ECB Can Cut Carbon Footprint by Shedding Bonds of Biggest Polluters
Date: January 16, 2023
By Virginia Furness and Francesco Canepa LONDON (Reuters) -The European Central Bank could radically cut the carbon footprint of its corporate bond portfolio by selling just 50 billion euros ($54.30 billion) of polluting companies’ debt, research shows, but analysts say this would risk big market distortions. The ECB’s green ambitions are in the spotlight after...
Green Bonds Are Set to Drive Corporate ESG Debt Out of Slump in 2023 -Barclays
Date: January 5, 2023
By Isla Binnie NEW YORK (Reuters) – Global sales of corporate bonds with environmental, social and governance (ESG) targets will rebound this year and top $460 billion, Barclays said, after the asset class had its first setback in 2022 as higher interest rates weighed on credit markets. ESG bond volumes swelled over the past few...
Credit Suisse Offers Juicy Premium to Entice Investors to New Bond
Date: January 5, 2023
By Chiara Elisei (Reuters) -Credit Suisse on Thursday sold a 500 million pound ($595 million) senior unsecured bond maturing in March 2026, according to a lead memo seen by Reuters, in the embattled bank’s latest bid to lure in investors with a juicy premium. The new note, which was sold by the Swiss bank’s operating...
Telecoms Group Orange Signs Sustainability-Linked Refinancing of 6 Billion Euros Syndicated Credit Facility
Date: November 24, 2022
PARIS (Reuters) – Orange, France’s biggest telecoms group, said on Wednesday it had signed an agreement for a sustainability-linked refinancing of its 6 billion euros ($6.2 billion) syndicated credit facility with 27 banks. ($1 = 0.9621 euros) (Reporting by Sudip Kar-Gupta; Editing by Chris Reese)...