ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) organised the third edition …
Read More »Tesco has had enough of being treated like it’s junk
UK supermarket giant Tesco Plc announced this week it will buy back up to 700 million pounds ($921.6 million) of its outstanding debt across a series of its bonds — and then cancel it. Yields fell sharply on the news. This should surely send a clear signal to rating companies that it is on the path back to an investment …
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