Shell, based in The Hague, raised $4bn through its finance unit with a four-part offering on November 12…
by Matt Robinson and Sarika Gangar, December 02 2013, 09:31
NEW YORK — Corporate bond sales in the US are poised to eclipse last year’s record as issuers rush to raise cash before the Federal Reserve curtails stimulus that has held borrowing costs close to all-time lows.
Royal Dutch Shell, Europe’s biggest oil company, and Houston-based Cheniere Energy Partners are leading $120.2bn of issuance last, leaving offerings during this year about $32bn shy of last year’s $1.48-trillion, according to data compiled by Bloomberg.
Shell, based in The Hague, raised $4bn through its finance unit with a four-part offering on November 12, Bloomberg data showed — the largest portion, a $1.25bn slice of 2%, five-year notes, priced to yield 55 basis points more than similar-maturity Treasuries.
RELATED: Slaughter and May Reservations over Royal Dutch Shell SEC filing
*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.
