Verizon to Float $49-Billion Bond (YahooFinance)
Verizon Communications will sell $49 billion in bonds to partially fund the $130 billion buyout of Vodafone to reclaim sole ownership of Verizon Wireless. This bond offering will dwarf the previous corporate debt offering record — the $17 billion-bond offered by Apple last April. The sale is expected to begin today. So far, Verizon already has received $90 worth of offers for its debt, which is scheduled to pay more interest than existing Verizon bonds. What does such a high level of over subscription say about investors’ attitudes toward corporate debt today?
The expiration date of an options contract is the last day at which the buyer…
Breaking News: I have a Special Announcement at the end of this Skousen CAFÉ. “The…
I’m sure you’ve heard the idiom, “big things come in small packages.” Well, this can…
I pulled up to my local Starbucks the other day in my not-so-subtle, python green…
Three industrial infrastructure stocks to buy will benefit as defense and aerospace demand flies high…
There is a growing potential that the stock market is and could be more bifurcated…