L Brands Inc.
LB,
said Tuesday its Victoria’s Secret & Co. unit is planning to issue $500 million of 8-year bonds in a private placement to fund a portion of a cash payment to L Brands. Victoria’s Secret was recently formed as part of a plan by L Brands to spin it off to shareholders. L Brands shares were down about 1% premarket, but have gained 90% in the year to date, while the S&P 500
SPX,
has gained 14%.
Foreign investors continued to sell out of Chinese bonds in June but boosted China’s stock market, according to Institute...
No Related Data. © 2022 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates...
AC ENERGY Corp. (ACEN) is planning a P30-billion debt securities program to be shelf-registered with the corporate regulator, with a...
China’s Ministry of Finance (MOF) announced that in June this year China issued RMB 1.37 trillion ($0.2 trillion) of new...
/cloudfront-ap-southeast-2.images.arcpublishing.com/nzme/KNIR7NDBXU2B4237PVQI46KPAE.jpg)
Business6 Jul, 2022 05:50 AM3 minutes to readBonds and ETFs found favour on the NZX in June. Photo / File...
