DebtIssuance

KKR and CPPIB Aim to Generate $4 Billion in Debt to Separate Axel Springer Assets

4 months ago

In a significant move in the financial and media sectors, investment giants KKR & Co. and the Canada Pension Plan Investment Board (CPPIB) are set to raise approximately $4 billion in debt. This considerable funding is intended to facilitate the separation of various assets owned within the Axel Springer portfolio. The strategic maneuver aims to create more streamlined operations and enable the individual businesses to capitalize on growth opportunities, while also potentially enhancing shareholder value.

Elevance Health Seeks to Raise Debt Following Stock Price Plunge Post-Earnings

5 months ago

In the wake of disappointing earnings, Elevance Health is moving forward with plans to issue new debt despite a significant stock slump. Following the release of its third-quarter earnings report, Elevance’s shares witnessed a steep decline, dropping as much as 10% during after-hours trading. The company's latest financial figures fell short of Wall Street expectations, raising concerns among investors about its future growth and profitability.

Argentina's Largest Bank Considered Re-entering Debt Market After Three Decades

6 months ago

In a significant move signaling a shift in the nation’s economic strategy, Argentina’s largest bank, Banco de la Nación Argentina, announced its intention to issue debt for the first time in 30 years. This decision comes amid a backdrop of economic challenges and reflects a changing landscape in the country's financial strategies.