- +1 646 223 8808
Kinder Morgan has responded to shareholder pressure by agreeing to consolidate what arguably is one of the most complicated corporate structures. The acquisition of three separate affiliated entities lowers the company’s overall co
In a seemingly perverse game of musical chairs, online travel site operator Priceline Group has cinched US$1bn at the most favourable terms possible in the form of a seven-year convertible bond issue. The question is whether the banks that found a seat – Wells Fargo and Citigroup – were able to extract a profit on the trade.
Travel-site operator Priceline Group is looking to lock-in low-cost funding through the sale of a seven-year, US$1bn convertible bond. The company, once known for its “name your own price” slogan, has agreed to purchase up to US$350m of stock concurrently with the offering.