8 posts and columns on bonds

Voices

Netflix Selling $200 Million in Convertible Bonds to VC Firm

in News on November 21, 2011 at 4:06 pm PT

Netflix said it is selling about $200 million in convertible bonds to Technology Crossover Ventures, a venture-capital firm that has made late-stage investments in big tech companies including Groupon.

If HP Investors Are Exasperated Now, Wait Till They See That Bond Sale

in Enterprise on September 14, 2011 at 3:15 pm PT

A scathing analyst report concerning Hewlett-Packard’s pending purchase of the British software firm Autonomy says investors dislike the deal but have little chance to stop it.
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Voices

Google to Sell Its First Bond

in News on May 16, 2011 at 10:29 am PT

Google Inc. has launched its first-ever bond offering, seizing on near-record-low rates and insatiable appetite for corporate debt. The world’s largest Internet search company said the $3 billion offering will include three-, five- and 10-year portions. It is expected to be sold later today via joint bookrunners Citigroup Inc., J.P. Morgan Chase & Co. and Goldman Sachs Group Inc.

News Byte

Moody’s Downgrades Sprint’s Debt from Junk to Compost

in Mobile on April 21, 2011 at 1:26 pm PT

Bond rating firm Moody’s on Thursday lowered its ratings on Sprint’s debt by one more notch, from Ba2 to Ba3. The move puts the company deeper into the non-investment grade, or “junk bond,” category. The firm also said its ratings outlook continues to be negative. “The downgrade reflects Moody’s view that Sprint’s credit profile, despite recent operational improvements, is likely to deteriorate as the company spends heavily to modernize its networks while attempting to formulate its long-run 4G strategy,” Moody’s said in a statement. “Moody’s believes that the ongoing dispute between Sprint and Clearwire has eroded the competitive advantage of both companies, while industry peers speed ahead.”

Voices

MSFT's $2.3B Bond Sale: 'Year Of The Shareholder,' Says Bloomberg

in News on February 4, 2011 at 3:58 am PT

In response to Microsoft’s plan to sell $2.25 billion of bonds in maturities of 2015, 2020, and 2040, Bloomberg’s Sapna Maheshwari and John Detrixhe this afternoon write that the offering signals 2011 is, “more the year of the shareholder than the year of the bondholder.”

Will Oracle and Microsoft Bid on Autonomy?

in Enterprise on December 16, 2010 at 7:24 am PT

A sketchily sourced report out of London says that Oracle and Microsoft may be lining up to bid on the British Software firm Autonomy early in 2011. Rumors are always rumors of course, but there’s a good reason to give this one some thought.

Intel Gains Chip Share, Hard-Drive Sales Surge, iSuppli Says

in Enterprise on December 15, 2010 at 9:35 am PT

The market for microprocessors is at what research firm iSuppli calls “a stalemate,” with Intel gaining slightly. And there’s good news for hard-drive makers: Shipment are up.

Mr. Rubinstein? Michael Dell on Line 1, Sir. Shall I Put Him Through to Voicemail?

in News on June 11, 2009 at 1:00 pm PT

Is Dell positioning itself to make a large acquisition? It certainly appears that way. The company recently hired mergers-and-acquisitions specialist David Johnson away from IBM. And yesterday, it sold off $1 billion in bonds. Dell already has $9.7 billion in cash reserves on hand, so presumably it needs that extra billion for something beyond the “general corporate purposes” it claims.
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