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Hedge Fund Angelo Gordon Reportedly Raising $1.5 Billion for Distressed Energy Debt

2020-06-01 21:45:00| OGI

Hedge fund Angelo Gordon & Co. LP aims to raise as much as $1.5 billion to buy the debt of distressed oil and gas companies, according to a person familiar with the matter.

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BCE sells data centres to Equinix for CAD 1 billion

2020-06-01 15:02:00| Telecompaper Headlines

(Telecompaper) Canadian operator BCE has agreed to sell 25 data centres to Equinix for CAD 1.04 billion (USD 750 million) in cash. The sale is part of Bell's strategy to focus on its core telecom network infrastructure, and BCE said it will keep five data centres used as central offices. 

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Total Needs to Cover $12 Billion Shortfall due to Crisis, CEO Says

2020-05-29 15:01:56| OGI

Total had expected the oil price to be about $60 per barrel this year, but as the price is now about $30, it will leave the company with a much bigger shortfall, CEO Patrick Pouyanne said.

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BASF Issues 2 Billion in Corporate Bonds

2020-05-29 14:38:37| Coatings World Breaking News

Initial placement of a green corporate bond to finance sustainable products and projects.

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ConocoPhillips Completes $1.39 Billion Sale of Northern Australian Business

2020-05-29 02:00:00| OGI

ConocoPhillips had previously announced the sale of its Australia-West assets and operations to partner Santos in October 2019.

Tags: business sale northern australian

 

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