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Page 16 - மோர்கன் ஸ்டான்லி உள்கட்டமைப்பு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

LNG shipping stocks: Up and out | Hellenic Shipping News Worldwide

LNG shipping stocks: Up and out The UP World LNG Shipping Index, the world’s only stock index focused on companies in the LNG shipping industry, gained 2.94 points, or over 3.7%, last week. US stocks represented by the S&P 500 (SPX) index gained 2.64%. After two volatile weeks, it was impossible to find a falling stock last week. There was only one loss of 1.2% (GasLog Ltd., NYSE:GLOG). On the contrary, the bad news is that a third company might be delisted from the world stock markets. This time it is the Norwegian company Höegh LNG Holdings Ltd. (OSE: HLNG) and buyers are funds managed by Morgan Stanley Infrastructure Partners. After the announcement of the plan, the company’s shares rose by 34%. Minority shareholders, like Cobas Asset Management that holds about 15 %, disagree with this offer.

PEXA back in the IPO pipeline, banks line up

PEXA back in the IPO pipeline, banks line up Save Share Sanity has prevailed at PEXA. While Link has bankers running an auction for its 44.2 per cent stake in the electronic property settlements platform, the group’s two other shareholders have agreed to explore listing PEXA, which is something both Link and some of its shareholders called for last year. Link announced PEXA’s decision to consider an IPO on Thursday morning. Goldman Sachs analysts said it would be welcomed by the company’s investors. “Most investors we spoke with in recent months appear to prefer an IPO or demerger rather than a trade sale, suggesting this announcement could be well-received by the market,” the analysts told clients. Link shares were up 2.1 per cent to $4.83 in early trade.

IFC Picks Up 56 Mn Of Continuum Energy s 561 mn green Bonds

BW Businessworld IFC Picks Up $56 Mn Of Continuum Energy s $561 mn-green Bonds The IFC has subscribed to 10 per cent or USD 56 million of Continuum Energy s first green bond sale closed earlier this month Photo Credit : The International Finance Corporation (IFC) has picked up 10 per cent of the first green bond issuance worth USD 561 million by Continuum Wind Energy as the anchor investor. The IFC has subscribed to 10 per cent or USD 56 million of Continuum Energy s first green bond sale closed earlier this month, the World Bank Group member said. On February 2, PTI was the first to report that Continuum was in the market to raise USD 560 million via a six-year green bond issue. Finally, it closed the issue raising USD 561 million at a price of 4.5 per cent over the US treasury.

Tele Columbus recommends shareholders accept Morgan Stanley Infrastructure bid

Tele Columbus recommends shareholders accept Morgan Stanley Infrastructure bid
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