FinNotes

3 matches across 1 sections

Market news & articles

Deals & Capital Markets · 3 hours ago

Blackstone Markets Over $2B in Private Fund Interests via Bond-Backed Structure, FT Reports

Blackstone Inc is seeking to sell more than $2 billion of stakes it holds in private investment funds, according to the Financial Times. The firm is marketing a collateralized fund obligation that would bundle interests in leveraged buyout funds and issue bonds to investors, including insurance companies.

Deals & Capital Markets · 3 hours ago

Carlsberg reportedly plans to file draft papers for India unit IPO seeking up to $700 million

Carlsberg A/S is preparing to submit draft documents for an initial public offering of its India business as early as this month, according to reports. The potential listing may raise up to $700 million and could be structured as a secondary share sale. Kotak Mahindra Capital and local units of JPMorgan and Citigroup are said to be advising.

Central Banks & Policy · a day ago

PBOC Raises China’s Gold Reserves by 320,000 Ounces; FX Reserves Climb to $3.44 Trillion

China’s central bank increased official gold holdings by 320,000 troy ounces last month, lifting reserves to 74.96 million ounces, according to data released Sunday. China’s foreign exchange reserves rose $31.7 billion to $3.4422 trillion by the end of May. Bullion prices fell in May for a third straight month.