
Articles
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2 days ago |
news.bloomberglaw.com | Tasos Vossos |Abhinav Ramnarayan |Olga Voitova
Saudi Arabia’s banks are rushing to issue risky debt as the kingdom grapples with the mammoth spending demands of building a futuristic new city and hosting global sporting events. Lenders including and have sold more than $5.6 billion in Additional Tier 1 bonds so far this year — already reaching an annual record for the country — as lenders look to free up capital for so-called gigaprojects.
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2 days ago |
bloomberg.com | Tasos Vossos |Abhinav Ramnarayan |Olga Voitova
Renderings of Saudi Arabia's futuristic city Neom project. (Bloomberg) -- Saudi Arabia’s banks are rushing to issue risky debt as the kingdom grapples with the mammoth spending demands of building a futuristic new city and hosting global sporting events.
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2 weeks ago |
news.bloomberglaw.com | Abhinav Ramnarayan |Ronan Martin
The giants of corporate America from Pfizer Inc. to Alphabet Inc. are borrowing in euros like never before as the anxiety triggered by President Donald Trump’s tariff threats pushes them to hunt for alternative funding avenues in case their home market freezes up. A record number of these so-called reverse Yankee deals have been sold this year at a total value of more than €83 billion ($94 billion), up 35% on 2024, according to data compiled by Bloomberg.
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2 weeks ago |
asreport.americanbanker.com | Abhinav Ramnarayan |Ronan Martin
(Bloomberg) -- The giants of corporate America from Pfizer Inc. to Alphabet Inc. are borrowing in euros like never before as the anxiety triggered by President Donald Trump's tariff threats pushes them to hunt for alternative funding avenues in case their home market freezes up. A record number of these so-called reverse Yankee deals have been sold this year at a total value of more than €83 billion ($94 billion), up 35% on 2024, according to data compiled by Bloomberg.
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2 weeks ago |
bloomberg.com | Abhinav Ramnarayan |Ronan Martin
Google raised debt much more cheaply in Europe. (Bloomberg) -- The giants of corporate America from Pfizer Inc. to Alphabet Inc. are borrowing in euros like never before as the anxiety triggered by President Donald Trump’s tariff threats pushes them to hunt for alternative funding avenues in case their home market freezes up.
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