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Austrian debt issuance for 2021 to hit new record

By Reuters Staff 1 Min Read VIENNA, May 31 (Reuters) - Austriaโ€™s debt issuance for 2021 will surpass last yearโ€™s record as it will have to sell more bonds to cover the larger-than-expected budget deficit due to coronavirus lockdowns, its treasury said on Monday. In an update to its annual funding outlook, the Federal Financing Agency (OBFA), which refers to itself in English as the Austrian Treasury, increased its forecast for total issuance across all instruments to 65 billion-70 billion e...
Francois Murphy Andrew Cawthorne Markus Stix Thomson Reuters Trust Principles Financing Agency Federal Financing Agency

CORRECTED-Japan's Renesas to raise $2 bln in new share issue

Japan's Renesas Electronics Corp will issue 196.4 million new shares to raise 218.5 billion yen ($1.99 billion), the major supplier of automotive semiconductors said on Friday, aimed in part at helping to fund its acquisition of Dialog Semiconductor.
Tim Kelly Clarence Fernandez Thomson Reuters Trust Principles Dialog Semiconductor Japan Renesas Electronics Corp Renesas Electronics Corp

Japan's Renesas to raise $2 billion via new shares to fund Dialog purchase

By Reuters Staff 2 Min Read FILE PHOTO: Renesas Electronics Corps logo is seen at a company conference in Tokyo, Japan, April 11, 2017. REUTERS/Toru Hanai TOKYO (Reuters) -Japanโ€™s Renesas Electronics Corp said it will raise 218.5 billion yen ($1.99 billion) through a new share issue to help the automotive semiconductors maker fund its planned $6 billion purchase of Dialog Semiconductor. In February, Renesas announced the acquisition of the Anglo-German chip designer and Apple Inc supplier in ...
Tim Kelly Makiko Yamazaki Muralikumar Anantharaman Clarence Fernandez Thomson Reuters Trust Principles Innovation Network Corp

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