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Dell sells $3.25bn of junk bonds to finance EMC takeover

  Bloomberg Dell Inc. paid up to sell $3.25 billion of junk bonds that will help finance its takeover of EMC Corp., just as it did last month in a $20 billion offering of investment-grade debt. The computer maker sold the longer part of its offering, $1.625 billion of eight-year bonds, for a yield of 7.125 percent, about 1.31 percentage ...

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Sempra’s Ienova rallies on likelihood of $2 bn pipeline win

  Bloomberg The prospect of building an underwater pipeline from Texas to Mexico is making Sempra Energy’s Ienova one of the top-performing stocks south of the border. Infraestructura Energetica Nova SAB, as the unit is formally called, had the second-biggest gain on the Mexican Stock Exchange since announcing plans on May 19 to bid to develop the $2.1 billion project ...

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Chile CPI above target at 4.2% as Central Bank keeps bias

  Bloomberg Chile’s inflation rate was unchanged in May, above the target range, as central bank President Rodrigo Vergara used price-growth to explain the bank’s continued tightening bias in monetary policy as unemployment rises. Prices increased 4.2 percent from the year earlier, the National Institute of Statistics reported on Thursday. In the month, prices gained 0.2 percent, the agency said. ...

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