BP turns to Australia for cash with £327m Kangaroo issue August 29, 2012 BRITISH oil behemoth BP yesterday announced plans to sell Australian dollar bonds in a rare kangaroo issue. Kangaroo bonds are Australian dollar bonds sold by international issuers. The bond marks the first time that BP has tapped the Australian market for funding. The five-year issue was priced at A$500m (£327m) yesterday, with a coupon of [...]
Investors rush to buy Facebook shares January 6, 2011 GOLDMAN Sachs stopped taking orders for shares in Facebook yesterday, with analysts saying the firm was inundated with offers from investors wanting a piece of the action. Some said that would-be investors were prepared to subscribe for $3bn (£1.9m) of equity in the social networking site, twice as much as is likely to be required. [...]
Investors rush to buy Facebook shares January 6, 2011 GOLDMAN Sachs stopped taking orders for shares in Facebook yesterday, with analysts saying the firm was inundated with offers from investors wanting a piece of the action. Some said that would-be investors were prepared to subscribe for $3bn (£1.9m) of equity in the social networking site, twice as much as is likely to be required. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 17, 2010 FINANCIAL TIMES ITV SET TO ESCAPE RULES BUGBEAR ITV may be close to losing one of its most burdensome regulations after the government said it had powers to intervene in a long-running competition saga under a loophole in the law. City analysts believed the contract rights renewal (CRR) rules were certain to be a drag [...]