corporate debt
6 stories related to this topic, newest first.
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Hong Kong's Local Currency Bond Market Gains Traction as Asian Funding Venue
Hong Kong's local currency bond market, previously quiet, is rapidly becoming one of Asia's leading funding options. Corporate issuers are turning to the city for stability amid efforts to attract more debt offerings. This shift highlights Hong Kong's evolving role in regional fi…
pymnts.comSoftBank Seeks $10 Billion Margin Loan Secured by OpenAI Shares
SoftBank is pursuing a $10 billion two-year margin loan backed by its holdings in OpenAI to support its AI investments. The loan includes an option for a one-year extension. This move adds to SoftBank's growing debt as founder Masayoshi Son aims to lead in the global AI sector.
Serpen wiki woker / Wikimedia (CC BY-SA 4.0)Metinvest Announces Plan to Repay Bond Due This Month After Considering Extension Options
Ukraine-based steel producer Metinvest has announced its intention to repay a bond maturing this month. The company considered alternatives including extending the bond's maturity and issuing a new bond before deciding on full repayment. This decision comes amid ongoing economic…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Hapvida Participacoes e Investimentos Seeks Up to 2 Billion Reais from Sale of Southern Brazil Operations
Hapvida Participacoes e Investimentos is seeking as much as 2 billion reais ($398 million) from the sale of its operations in southern Brazil, according to a source. The health-care corporation aims to reduce its debt through this transaction. The move involves divesting assets i…
123net / Wikimedia (CC BY-SA 3.0)Pimco in Talks with Bank of America for $14 Billion Financing of Oracle Data Center in Michigan
Pacific Investment Management Company (Pimco) is negotiating with Bank of America to provide approximately $14 billion in debt financing for an Oracle data center project in Michigan. The facility is planned as a large-scale development. Details on the project's timeline and scop…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Investors Withdraw $5.35 Billion from US Investment-Grade Corporate Bond Funds in Week Ending April 1
Investors pulled $5.35 billion from US investment-grade corporate bond funds in the week ending April 1, according to data reported by @KobeissiLetter. This marks the largest such outflow since April 2023 and the first since November 2023. The withdrawal is only the second in the…