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NetLink briefs analysts on $1.4bn IPO as fees cut

  Bloomberg NetLink Trust, the fiber broadband network provider backed by Singapore’s biggest phone company, started briefing analysts this week ahead of an initial public offering that could raise at least S$2 billion ($1.4 billion), people with knowledge of the matter said. The arm of Singapore Telecommunications Ltd. began meeting research analysts to explain its business model, which will later ...

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SEC probes rental home values in PE bond deals

  Bloomberg US securities regulators are investigating whether bonds backed by single-family rental homes and sold by Wall Street’s biggest residential landlords used overvalued property assessments. Radian Group Inc.’s Green River Capital unit is one of the market participants that received a request for information from the Securities and Exchange Commission in March about broker price opinions, or BPOs, the ...

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UK consumer spending weakens with sharp slowdown in April

  Bloomberg UK consumer-spending growth slowed in April and is forecast to remain weak in the coming months, according to a report from Visa. Its index showed spending rose an annual 0.5 percent in April, down from 1 percent in March and marking one of the slowest rates of growth in the past three years. Weaker household demand is also ...

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