Tags: Bond issue
Johnson & Johnson raises USD3.5 billion in six-part bond sale
Top credit ranking Johnson & Johnson reportedly sold USD3.5 billion in a six-part bond issue, its first offering in the last two years. Proceeds from the deal will be used to pay the health care product manufacturer's outstanding debt.
Venezuela's PDVSA to sell bonds to shore up dollar reserves
Petroleos de Venezuela SA is set on selling USD4.5 billion worth of bonds to increase scarce international reserves as well as curb the fastest rising inflation rate in the world.
Saudi's state airports operator surpasses record Islamic bond issue value
The General Authority for Civil Aviation's sukuk bond issue reach SAR15.2 billion. State airports operator of Saudi Arabia had priced a SAR15. 2 billion or USD4.
Bond Funds Loses US$60 Billion, Fed Rattles Markets
Ben S. Bernanke's, Federal Reserve Chairman, statement continued to rattle markets. Investors pulled out around US$60 billion.