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Bahrain could offer premiums to issue multi-tranche bond

DUBAI / Reuters The government of Bahrain is expected to offer investors significant premiums over its outstanding debt when it issues bonds this week because of growing concern over its finances in an era of cheap oil, portfolio managers said. A triple-tranche issue may follow, including a long seven-year sukuk issue maturing in 2025, a 12-year conventional bond and, subject ...

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Amazon China hiring signals ambitions in Alibaba battle

Bloomberg Amazon.com Inc. is hiring by the hundreds in China to fill jobs ranging from internet software engineers to designers for Alexa, positioning the company to recoup some of the market share it lost to Alibaba Group Holding Ltd. in the world’s largest online shopping arena. The online retail giant lists almost 400 Chinese-based openings on its careers website and ...

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Chinese property buyer Cindat to join $660mn QHotels deal

Bloomberg China’s Cindat Capital Management is joining an acquisition of QHotels Group valuing the UK hospitality company at more than $660 million, people with knowledge of the matter said. Cindat, which focuses on overseas property deals, is negotiating a joint purchase of QHotels with UK investment firm Aprirose, according to the people, who asked not to be identified because the ...

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