Apple wows market with record $17 billion bond deal
NEW YORK/LONDON, April 30 (IFR) - Apple Inc wowed the debt markets on Tuesday with the largest non-bank bond deal in history, pricing a whopping $17 billion as the U.S. computer giant switches strategy to placate restless shareholders.
Apple bond order book tops $50 billion: market sources
NEW YORK, April 30 (IFR) - Apple Inc has attracted more than $50 billion in orders for its six-part debt sale expected to price later on Tuesday, according to two market sources.
Apple bond order book tops $50 billion: market sources
NEW YORK, April 30 (IFR) - Apple Inc has attracted more than $50 billion in orders for its six-part debt sale expected to price later on Tuesday, according to two market sources.
Abbott pharma spinoff completes record $14.7billion debt sale
NEW YORK, Nov 5 (IFR) - Abbott's new pharmaceuticals business AbbVie Inc completed the biggest ever dollar-denominated debt issue in the US high-grade market on Monday, raising $14.7 billion in a six-part deal.
Exclusive: Manchester United drops Asia IPO for U.S
SINGAPORE/HONG KONG, June 13 (IFR) - Manchester United, the world's best-supported soccer club, has ditched its plans for an Asian stock market flotation and is preparing to list in the United States, according to sources with knowledge of the deal.
India faces mass default and restructuring as devaluation looms
SINGAPORE, May 22 (IFR) - India's mounting economic and political woes are prompting market players to raise the specter of a Greek-style crisis in Asia's third largest economy.
Europe’s banks on the brink
LONDON, May 17 (IFR) - The euro zone crisis was in full swing when Jean-Claude Trichet took the podium in Berlin last October 6 for his final press conference as president of the European Central Bank. Having helped create one of the longest periods of price stability in the history of central banking, Trichet was closing out his eight-year reign under siege.
Europe’s banks on the brink
LONDON, May 17 (IFR) - The euro zone crisis was in full swing when Jean-Claude Trichet took the podium in Berlin last October 6 for his final press conference as president of the European Central Bank. Having helped create one of the longest periods of price stability in the history of central banking, Trichet was closing out his eight-year reign under siege.
Goldman plans web-based corporate bond trading platform
NEW YORK, May 4 (IFR) - Goldman Sachs is set to launch by end-May or even as early as next week a single-dealer electronic corporate and high-yield bond trading platform called GSessions.
European banks prepare for worst, hoard cash
Jan 20 (IFR) - European banks are preparing for a potential worsening of the region's sovereign and banking crisis, with many firms stockpiling cash and cutting back on loans to new clients as they seek to protect themselves against a possible seizing-up of financial markets.
