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The Daily Capital Markets Digest
Argentina’s murky credit story grew even more complicated Wednesday as the US mediator said the country was headed to default after last-ditch talks with holdout creditors failed.
Inter-dealer broker GFI Group is preparing to revert to private ownership as it plans to delist from the New York Stock Exchange as part of a management-led buyout of the firm’s wholesale broking and clearing operations.
Three issuers braved the US high-grade market to price US$1bn of bonds on Wednesday, as the Federal Reserve ended a two-day open market meeting.
DineEquity, the parent of food chains IHOP and Applebee’s, is about to follow another well-known restaurant chain, Hooters, into the securitization market.
Fed’s dovish statement signals a potential sting down the road, says James Saft.
IFR editor at large Keith Mullin responds to the latest report on bankers’ ethics
Peters is sympathetic to Argentina’s legal plight.
Eurozone policymakers may feel they can afford to relax this summer. That would be a terrible error.
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