February 8, 2016/Reuters By Caroline Valetkevitch U.S. stocks dropped on Monday as concern over global growth hit banks and other economically sensitive shares, but a late rally in energy shares left the market well above its lows of the day. European banks led a global selloff in financial shares as […]
Tag: Reuters
Nigeria seeks cheap loans from international agencies – finance minister
Fri Feb 5, 2016/Reuters Oil producer Nigeria wants to tap financing at “concessionary rates” as low as 1.5 percent from international agencies to fund infrastructure projects before returning to the eurobond market, its finance minister said on Friday. Tumbling oil prices have hit Nigeria’s finances hard, and yields on the […]
GT Bank seeks redemption on $500 mln Eurobond
Fri Feb 5, 2016/Reuters Guaranty Trust Bank (GT Bank) launched a tender offer on Friday to repay a $500-million Eurobond early, a move to deploy its available dollar liquidity ahead of the debt’s maturity. The bank said the notes, priced to yield 7.5 percent, were due to mature in May […]
