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AbbVie Sells $15 Billion of Bonds to Buy ImmunoGen, Cerevel

(Bloomberg) -- Pharmaceutical giant AbbVie Inc. sold $15 billion of bonds in the US investment-grade market on Thursday to help fund its acquisitions of ImmunoGen Inc. and Cerevel Therapeutics Holdings Inc., adding to a recent rush of buyout financings. Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesStocks Rally as AI Craze Sweeps Across the World: Markets WrapT-Bills Without Tax Bills? This Fund Says It Cracked the CodeAT&T Says Mobile Network Restored as US St

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Retiring baby boomers are driving a US credit-market rally

Annuity sales hit a fresh all-time record of $385 billion in 2023 as higher Fed interest rates boosted the product's premiums, Bloomberg reported.

United-states , Americans , Bloomberg , Federal-reserve , Retirement-age-americans , Wall-street , Interest-rates , Nnuity-sales , Imra , Orporate-bonds , Loomberg

Stable Money gets Online Bond Platform Providers licence from BSE

On November 28, Moneycontrol exclusively reported Ministry of Corporate Affairs has approved the application submitted by online bond platform providers for the formation of their industry body.

India , Harish-reddy , Saurabh-jain , Exchange-board-of-india , Ministry-of-corporate-affairs , Stable-money , Online-bond-platform-providers , Titan-capital , Matrix-partners-india , Lightspeed-india , Exchange-board , Regulatory-framework

What are bonds, how do they work and how do you buy them?

While rising interest rates have caused havoc in the mortgage market over the past year, there has been one silver lining: the reinstatement of appealing returns from cash and bonds.

United-states , Switzerland , United-kingdom , Germany , Britain , America , Swiss , Darius-mcdermott , Ben-gutteridge , Michael-jervis , Invesco , Bonds

UGRO Capital raises Rs 250 crore from Asian Development Bank

The company had in December raised an equal amount through non-convertible debentures from FMO, a Dutch entrepreneurial development bank

Netherlands , Dutch , Asian-development-bank , Non-convertible-debentures , Ugro-capital , Sian-development-bank , Orporate-bonds , Cds , On-convertible-debentures ,

9 Income-Generating Assets To Buy Now

Most of the assets people own are lucky to hold their value over time rather than depreciate. But a few types of assets actually generate income after you buy them. The Results Are In: GOBankingRates'...

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US Corporate Bond Sales Hit $176 Billion in Record January

(Bloomberg) -- Blue-chip firms have sold $188.57 billion of bonds in the US in January, setting a record for the month, as companies look to take advantage of drops in longer-term borrowing costs. Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetTrump Cash Stockpile at Risk From $450 Million Dual VerdictsBlackstone Is Building a $25 Billion Empire of Power-Hungry Data CentersAmazon Drops iRobot Deal; Roomba Maker Cuts 31% of StaffUS Weighs Response to Deadly

United-states , America , Steven-boothe , Nicholas-elfner , Brian-smith , Michael-gambale , Bloomberg-businessweek , Kinder-morgan-inc , Third-bancorp , Wells-fargo-co , International-business-machines-corp , Jpmorgan-chase-co