Utility company Eversource announced it will raise $1.5 billion through its first hybrid bond issuance, blending debt and equity features. The financing aims to support the company's growth and infrastructure investments.

Apollo Global Management’s co‑founder Marc Rowan told investors in Tokyo that Japan is on the brink of a major economic turnaround. He highlighted that trillions of dollars have been parked in cash and that recent corporate‑governance reforms are unlocking carve‑out...

Senegal raised 88 billion CFA francs ($158 million) in a short‑term bond auction, with nearly half of the amount secured through a 12‑month treasury bill. The auction attracted bids worth 109.4 billion CFA francs, reflecting investor preference for short‑term debt amid concerns over...
Hedge fund Saba, led by Boaz Weinstein, and Cox have jointly announced a tender offer to purchase shares of Blue Owl's business development companies. The offer seeks to acquire the Blue Owl BDCs, though the transaction value remains undisclosed. The...

Deere & Co. saw its shares jump the most in six years after the company lifted its annual profit outlook. The farm‑machinery giant said it expects a sustained upturn in the global agriculture economy. CEO John May highlighted recovering demand...
Consolidated Energy has been offered a loan at the biggest discount since 2023, marking a significant debt financing event for the energy firm. The loan, priced at a steep discount, reflects market confidence and provides the company with needed liquidity.
General Mills is feeling the squeeze as consumers trade down to cheaper private‑label cereals and pet foods. Recent price cuts lifted unit volumes, but the gains were insufficient to offset margin erosion. The shift reflects broader post‑pandemic tightening of discretionary...

PSP Growth Managing Director Momei Qu told Bloomberg Surveillance that the market is acting irrationally, with NVIDIA’s stock sliding despite record AI‑related capital expenditures announced by the so‑called “MAG 7” firms. Qu said investors are torn between fears that massive AI...

Asian equities opened muted on Tuesday as holiday‑thin trading reduced volumes across the region. Futures indicated a slight rise for Australia and a modest dip for Japan, while the Euro Stoxx 600 remained flat. The yen slipped to around 153 per...

BHP Group posted a 22% rise in underlying attributable profit to $6.2 billion for the six months ended December, propelled by a sharp rally in copper prices. At the same time, demand weakness in China dampened iron‑ore and steelmaking‑coal sales. The...
Banks are preparing to market and sell €4 billion of buyout debt issued by BASF Coatings, a division of chemical giant BASF. The transaction, valued at €4 billion, is being arranged by a syndicate of banks ahead of a secondary market offering.
Fortress announced the launch of its latest private debt fund, aiming to raise capital from insurance companies to invest in debt opportunities. The fund seeks to tap growing demand for insurance-backed financing, though the target size and commitments remain undisclosed.
Mexico's state oil company Pemex announced a jumbo debt sale, marking the largest issuance in the country for the month and setting a new record. The transaction, a debt financing, underscores strong demand for sovereign and corporate bonds in Mexico.

Citadel kept employee pay unchanged last year despite a dip in investment returns. Operating costs for its three flagship multistrategy funds climbed 4% to nearly $4.5 billion, reflecting a $66 billion AUM base. The steady payroll underscores the premium placed on talent...

SpaceX is weighing a dual‑class share structure for its anticipated 2026 IPO, echoing a model Elon Musk previously floated for Tesla. The two‑tier system would grant a select class of shares superior voting rights, enabling insiders to steer the company...
Quantum computing company Infleqtion announced its initial public offering, marking its public debut on the Nasdaq. The IPO seeks to tap into heightened investor enthusiasm for quantum technologies, though the offering size and valuation were not disclosed.
The new owners of Pakistan International Airlines (PIA) have announced plans to take the carrier public via an initial public offering. The IPO is expected to be launched in the coming months, aiming to raise capital and restructure the airline's...

A $3.8 billion junk‑bond issuance, backed by asset manager Tract Capital, was launched to fund the construction of a 200‑megawatt AI data center in Nevada that will be leased to Nvidia. Investor demand surged to about $14 billion, underscoring strong appetite for...