There is growing angst among investors over financial market price bubbles, and top of the list of concerns were the cryptocurrency bitcoin and U.S. tech stocks, two closely followed surveys showed on Tuesday.
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LONDON, Jan 19 (Reuters) - Kyma Capital, founded by former Blackstone trader Akshay Shah, is set to complain to U.S. regulators in a dispute with Indian billionaire Anil Agarwal over nearly $1 billion in loans by Vedanta Limited to its parent company, a source familiar with the matter told Reuters.
Kyma Capital, a London-based hedge fund that owns shares in Vedanta Limited, plans to lodge its complaint with the U.S. Securities and Exchange Commission in February and seek repayment of four loans totalling $956 million made by Vedanta Limited via its overseas subsidiaries to parent Vedanta Resources.
Kyma wants this money repaid to Vedanta Limited and hopes to benefit from any subsequent boost in Vedanda Limited’s shares. Vedanta Resources is the vehicle through which Agarwal owns a 55.11% stake in mining group Vedanta Limited.
By Reuters Staff
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Jan 19 (Reuters) - Greece raised 2 billion euros ($2.43 billion) by reopening a 30-year bond through a private placement with two Greek banks, according to the official government gazette, the first borrowing action for 2021.
National Bank of Greece and Piraeus Bank participated in the transaction. The Greek debt agency issued a 30-year bond last year through a private placement.
The settlement day is Jan. 20, according to a ministerial decree published late on Monday in the government gazette.
Yield is in the area of 1.5%, according to market sources.
Greece has said it plans to borrow 8-12 billion euros on the bond markets this year, as it seeks to maintain a continuous presence in the international debt markets, while cutting a debt-to-GDP ratio estimated at 208.9% in 2020 and preserving an adequate cash buffer
Bank of America Corp executives said on Tuesday they were optimistic the bank could return to loan growth this year, after the coronavirus pandemic caused its loan book to shrink on an annual basis for the first time since 2014.