DUBAI/WAM The Ministry of Education has announced the approval of mandatory guidelines for the teaching ...
Read More »Ford raises $8bn of junk bonds as virus spurs loss
Bloomberg Ford Motor Co. took its first drive through the high-yield market in years, looking to shore up liquidity after reporting one of its largest ever quarterly losses. The automaker raised $8 billion of unsecured bonds in three parts. The longest maturity, a 10-year security, will yield 9.625%, after initially being marketed around 11%, according to a person with knowledge ...
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