BlackRock adjusts leadership team for its largest mutual fund
NEW YORK, Dec 7 BlackRock Inc is replacing one of the leaders of its nearly $42 billion BlackRock Global Allocation Fund and adding three new portfolio managers.
DUBAI Jan 23 Qatar Telecom (Qtel) plans to issue a 15-year bond of at least $500 million on Wednesday, arranging banks said.
Early price guidance for the bond maturing 2028 was released at 250 basis points over 10-year U.S. Treasuries.
RBS, Bank of America Merrill Lynch, JP Morgan Chase, Citigroup and QNB Capital are joint lead arrangers and bookrunners for the deal.
The bond issue will be 144a-compliant, meaning it will be open to institutional investors in the United States.
Qtel last tapped debt markets in December with a $1 billion 10-year bond in a substantially oversubscribed sale.
* Pershing square holdings - "chipotle's sales recovery will be neither smooth nor predictable over the next few quarters"
NEW YORK Dec 7 There's been a lot of talk since the election about dismantling the Dodd-Frank financial reform act. On his website, President-elect Donald Trump blames Dodd-Frank's "bureaucratic red tape and Washington mandates" for strangling economic growth.